Respuesta :
Answer:
This is a true or false type of question as shown in the attached document.
The correct answer is false
Explanation:
The question was whether the statement on the treatment of increase in accrued liabilities as highlighted in the question is true or false.
In determining the cash payments for operating expenses , increase in accrued liabilities is deducted not added to operating expenses.
This is a case of single entry accounting system where the business does not operate based on the principle of double entry,instead transactions are recorded one-sided.
The justification is that the increase in accrued liabilities is a portion of the current period expenses not yet paid for,as a result,it would be necessary to deduct it from total expenses in order to ascertain the  remaining portion of the expenses already settled with cash.
The cost of operating a commodity, business, or technology is described as a cash outflow, operating expenditure, operational expense, operational expenditure, or operating cost.
The expense of designing or delivering non-consumable pieces for the prototype is considered a capital expenditure.
The correct answer is false.
Increases in accumulated obligations are subtracted from operating expenditures rather than added to them for computing cash payments.
This is an example of a single entry accounting system, in which the company does not function on the double-entry concept and instead records transactions one-sided.
The argument is that the rise in accrued liabilities represents a component of current-period expenditures that have not yet been paid for, thus it will be required to subtract it from monthly expenditure in order to determine the number of expenses that have already been paid for in cash.
To know more about the expenses and income, refer to the link below:
https://brainly.com/question/24803457
