Cash flows prepared using direct method

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Reference no: EM13125920

In a statement of cash flows prepared using the direct method, if wages payable increased during the year, the cash paid for wages would be:

a. the same as salary expense.

b. salary expense plus wages payable at the beginning of the year.

c. salary expense plus the increase in wages payable from the beginning to the end of the year.

d. salary expense less the increase in wages payable from the beginning to the end of the year.

Reference no: EM13125920

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