If accrued liabilities increased during the year, which of the following is correct when using a spreadsheet to complete the statement of cash flows (indirect method)?

A. Increase in Accrued Liabilities would be debited
B. Increase in Accrued Liabilities would be credited
C. Accrued Liabilities would be debited
D. None of the above is correct.

Ans: A. Increase in Accrued Liabilities would be debited

Business

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