Odom Company's prepaid expenses increased $3,000 between 12/31/2021 and the 12/31/2022. If Odom uses a...
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Accounting
Odom Company's prepaid expenses increased $3,000 between 12/31/2021 and the 12/31/2022. If Odom uses a worksheet is to facilitate the preparation of the statement of cash flows, the entry in the reconciling columns of the worksheet would be A. Cash (debit column), Prepaid Expenses (credit column). B. Operating- Increase in Prepaid Expenses (debit column), Prepaid Expenses (credit column). C. Prepaid Expenses (debit column), Cash (credit column). D. Prepaid Expenses (debit column) Operating- Increase in Prepaid Expenses (credit column).
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