Q11-45. On an indirect method statement of cash flows, an increase in accounts payable would be a.

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Q11-45. On an indirect method statement of cash flows, an increase in accounts payable would be

a. added to net income in the operating activities section.

b. deducted from net income in the operating activities section.

c. reported in the investing activities section.

d. reported in the financing activities section.

________________________________________

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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Question Posted: Jul 28, 2024 03:01 AM

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Q11-45. On an indirect method statement of cash flows, an increase in accounts payable would be a.

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Financial Accounting International Financial Reporting Standards Global Edition

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