If Accounts Receivable had increased during the period, the adjustment of net income would be the opposite;

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If Accounts Receivable had increased during the period, the adjustment of net income would be the opposite; that is, an increase in a noncash current asset leads to an adjustment that [adds to / subtracts from]

net income in order to find the cash flow from operations.

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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