In using the indirect method, explain why losses are added to net income and gains are subtracted

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In using the indirect method, explain why losses are added to net income and gains are subtracted from net income.

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Managerial Accounting

ISBN: 9780538842822

9th Edition

Authors: Harold M. Sollenberger, Arnold Schneider, Lane K. Anderson

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Question Posted: Jun 04, 2024 02:22 AM

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In using the indirect method, explain why losses are added to net income and gains are subtracted

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Managerial Accounting

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