If salaries payable was $75,000 at the beginning of the year and $60,000 at the end of the year,…


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29.99

If salaries payable was $75,000 at the beginning of the year and $60,000 at the end of the year,… 1 answer below » A retail business, using the accrual method of accounting, owed merchandise creditors (accounts payable) $290,000 at the beginning of the year and $315,000 at the end of the year. How would the $25,000 increase be used to adjust net income in determining the amount of cash flows from operating activities by the indirect method? Explain. If salaries payable was $75,000 at the beginning of the year and $60,000 at the end of the year, should $15,000 be added to or deducted from income to determine the amount of cash flows from operating activities by the indirect method? Explain. In a recent View complete question » A retail business, using the accrual method of accounting, owed merchandise creditors (accounts payable) $290,000 at the beginning of the year and $315,000 at the end of the year. How would the $25,000 increase be used to adjust net income in determining the amount of cash flows from operating activities by the indirect method? Explain. If salaries payable was $75,000 at the beginning of the year and $60,000 at the end of the year, should $15,000 be added to or deducted from income to determine the amount of cash flows from operating activities by the indirect method? Explain. In a recent annual report, eBay Inc. reported that during the year it issued stock of $128 million for acquisitions. How would this be reported on the statement of cash flows? View less » Jul 18 2014 01:00 PM

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29.99