During the year, Flapps Inc. reported other operating expenses of $102,000. The Prepaid Expenses decreased...

90.2K

Verified Solution

Question

Accounting

image
During the year, Flapps Inc. reported other operating expenses of $102,000. The Prepaid Expenses decreased $8,500 during the year, and Accrued Liabilities increased by $11,000. What were Oak's cash payments for operating expenses for the year? Select one: A. $104,500 B. $121,500 C. $82,500 D. $99.500

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students