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Other Fields Homework Help Accounting Topic started by: bernie2981 on Nov 16, 2015



Title: In a company that uses the direct method to prepare the statement of cash flows, the amount of cash
Post by: bernie2981 on Nov 16, 2015
In a company that uses the direct method to prepare the statement of cash flows, the amount of cash it pays in interest expense is computed as
A) the change in interest payable plus interest expense.
B) the ending interest payable balance plus interest expense.
C) the change in interest payable minus interest expense.
D) the ending interest payable balance minus interest expense.


Title: Re: In a company that uses the direct method to prepare the statement of cash flows, the amount of c
Post by: nuclei on Nov 17, 2015
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Title: Re: In a company that uses the direct method to prepare the statement of cash flows, the amount of cash
Post by: bernie2981 on Dec 1, 2015
Wow! Thank you