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1. Debit changes to currents assets are added or subtracted from net income ________________? 2. Debit changes to current liabilities are added or subtracted from

1. Debit changes to currents assets are added or subtracted from net income ______?

2. Debit changes to current liabilities are added or subtracted from net income ?

3. Gains on redemption of bonds are added or subtracted from net income ?

4. Would the amortization of bonds payable (premium) effect the statement of cash flow and if so how (might have to think this one out)?

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