19. When preparing a statement of cash preparing a statement of cash loan (indirect methodl, which of the following is Hot an adjustm adjustment to reconcile net income to be cash vided by operating activities A) A change in income taxes payable B) A change in interest payable C) A change in dividends payable D) All of these are adjustments 20. When using the indirect method to prepare the operating section of a statement of cash llows, which of the following is added to net income to compute cash provided by used by operating activities? A) Gain on sale of land. B) Amortization of patent. C) Increase in accounts receivable. D) All of these are added to net income to arrive at cash flow from operating activities 21. In a statement of cash flown. the cash flows from investing activities section should report A) the assignment of accounts receivable. B) the issuance of common stock in exchange for a factory building C) stock dividends received. D) a major repair to machinery charged to accumulated depreciation. 22. When preparing a statement of cash flows, the following are used for which method determining cash flows from operating activities? Gross Accounts Receivablc Net Accounts Receivable A) Neither Indirect Indirect Direct Direct Indirect Direct B) Direct 23. A company borrows $10,000 and signs a 90-day nontrade note payable. In prepari statement of cash flows (indirect method), this event would be reflected as an A) cash inflow from financing activities. B) addition adjustment to net income in the cash flows from operating activities section. C) cash outflow from investing activities. D) cash inflow from investing activities