10) Virginia Company uses the indirect method to prepare the statement of ce foflowing section of the comparative balance sheet Comparative Bace Sheet Long-term Notes Payabile Total Liabilities How will the change in Accounts Payable be shown on the statement of cash flown? in A) as a deduction from Net Income C) as an addition to Net income B) as a deduction from investing cash lows D) as an addition to operating cash fio 11) Colorado Company uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet Colorado Company Comparative Balance Sheet December 31. 2019 and 2018 2018 Increase/(Decrease $(2,000) 1,000 Accounts Payable $4,000 1,000 Long-term Notes Payable Total Liabilities 90,000 How will the change in Accrued Liabilities be shown on the statement of cash flows? A) as a deduction from operating cash flows C) as an addition to investing cash flows B) as a deduction from Net Income D) as an addition to Net Income