Explain why increases in noncash current asset account balances are deducted from profit and increases in noncash

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Explain why increases in noncash current asset account balances are deducted from profit and increases in noncash current liability account balances are added to profit when determining cash provided (used) by operating activities using the indirect method.
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Accounting Principles Part 3

ISBN: 978-1118306802

6th Canadian edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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