Describe cash payments for operating expenses to be reported


Operating expenses other than depreciation for the year were $416,818. Prepaid expenses increased by $24,003 and accrued expenses decreased by $23,797 during the year. Determine the cash payments for operating expenses to be reported on the cash flow statement using the direct method.

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Accounting Basics: Describe cash payments for operating expenses to be reported
Reference No:- TGS0705273

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