Statement of cash flows include cash flows from revenues

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Reference no: EM131259765

1. Does the operating activities of the company's most recent statement of cash flows include cash flows from revenues that were accrued at the end of the most recent reporting period?

yes or no

2. Which of the companies balance sheet accounts represents expenses that will appear on next year's income statement

a) accounts receivable

b) prepaid expenses

c) other occurred expenses

Reference no: EM131259765

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