Operating expenses + an increase in prepaid expenses - a decrease in accrued expenses payable = cash payments for operating expenses.

Name: Operating expenses + an increase in prepaid expenses - a decrease in accrued expenses payable = cash payments for operating expenses.
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

The formula for cash payments for operating expenses is Operating expenses + a decrease in prepaid expenses - an increase in accrued expenses payable.

Operating Expenses + an Increase in Prepaid Expenses - a Decrease