Cash payments for operating expenses to be reported


Operating expenses other than depreciation for the year were $400,000. Prepaid expenses increased by $17,000 and accrued expenses decreased by $30,000 during the year. Cash payments for operating expenses to be reported on the cash flow statement using the direct method would be?

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Accounting Basics: Cash payments for operating expenses to be reported
Reference No:- TGS0678957

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