Which statement is false?
A) Salaries expense + Decrease in salaries payable = Cash payments to employees.
B) Other revenues + Increase in unearned revenues − Gains on disposal of assets − Equity investment income = Other operating cash receipts.
C) Sales revenue − Increase in accounts receivable = Cash collections from customers.
D) Other expenses + Decrease in prepaid expenses − Depreciation expense + Losses on disposal of assets − Equity investment loss = Other operating cash payments.

Question

Quizplus · Accepted Answer

The Answer of Which statement is false?
A) Salaries expense + Decrease in salaries payable = Cash payments to employees.
B) Other revenues + Increase in unearned revenues − Gains on disposal of assets − Equity investment income = Other operating cash receipts.
C) Sales revenue − Increase in accounts receivable = Cash collections from customers.
D) Other expenses + Decrease in prepaid expenses − Depreciation expense + Losses on disposal of assets − Equity investment loss = Other operating cash payments.

Which Statement Is False