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A 1 Corporation uses the indirect method to convert net income from an accrual to a cash basis. Indicate where, if at all, a decrease
A Corporation uses the indirect method to convert net income from an accrual to a cash basis. Indicate where, if at all, a decrease in Income Taxes Payable would be reported on the statement of cash flows:
Does not represent a cash flow
Financing activities section
Investing activities section
Operating activities section
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
