Which statement is not true?
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 not true?
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 Not True