Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. when preparing a statement of cash flows using the

When preparing a statement of cash flows using the direct method, accrual of payroll expense...

90.2K

Verified Solution

Question

Accounting

image
When preparing a statement of cash flows using the direct method, accrual of payroll expense is: Reported as an operating activity None of these answer choices are correct. Reported as a financing activity. Reported as an investing activity

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

Mechanical Engineering
1.2K views

Boxes use to ship the components, must have square bases in order or attached square labels...

Biology
1.2K views

What was the effect of the great oxidation event on living things OA It caused...

Physics
1.2K views

2 2 charges are separated by distance d F is the force between them The...

Geometry
1.2K views

a triangular pyramid has an equilateral triangle as its base with side lengths of 6...

Geometry
1.2K views

A balloon has a circumference of 11 cm Use the circumference to approximate the surface...

Calculus
1.2K views

The fur h x 3 Find h x for each x value in the table...

Accounting
1.2K views

[The following information applies to the questions displayed below.] Pastina Company sells various types...

Accounting
1.2K views

The balance sheet of Photoec, Inc., as of May 31 is now given below: PHOTOTECc,...

Accounting
1.2K views

Anlisis, pronstico e interpretacin del estado de resultados y el balance general A continuacin se...

Accounting
1.2K views

Pro-Craft Company computed the following activity rates to allocate overhead cost for the year. Activity...

Finance
1.2K views

Intro You just turned 23 years old and want to retire when you turn 65...

Accounting
1.2K views

Which one of these statements is true? Group of answer choices - Transaction and...