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4. Using the indirect method to prepare the operating section of the Statement of Cash Flows, an increase in Accounts Receivable would be a(n) ____________
4. Using the indirect method to prepare the operating section of the Statement of Cash Flows, an increase in Accounts Receivable would be a(n) ____________ to net income.
a. Increase
b. Decrease
5. Salaries Payable is a
a. Current asset
b. Current liability
6. Using the indirect method to prepare the operating section of the Statement of Cash Flows, an increase in Accounts Payable would be a(n) ____________ to net income.
a. Increase
b. Decrease
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