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DJSkopes DJSkopes
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5 years ago
Tuesday Electric Company uses the direct method to prepare its statement of cash flows. Tuesday has reported operating expenses of $63,000 on its income statement for the year 2017. If the balance in accrued liabilities has increased by $6,000 during the year, then $6,000 needs to be added to $63,000 to calculate payments to suppliers for operating expenses.
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
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FleuryFleury
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DJSkopes Author
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5 years ago
Literally the most helpful website ever
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Monkey
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