A company has the following financial information: Accounts payable beginning balance of $$17,000$ in FY$23$ and ending balance of $$42,000$ in FY$23.$

What impact does this have on the statement of cash flows using the indirect method?

A$.)$

If the balance of a current liability increases during the accounting period, then that amount will be added to the net income using the indirect method.

B$.)$

If the balance of a current asset increases during the accounting period, then that amount will be subtracted from the net income using the indirect method.

C$.)$

If the balance of a current asset decreases during the accounting period, then that amount will be added to the net income using the indirect method.

D$.)$

If the balance of a current liability decreases during the accounting period, then that amount will be subtracted from the net income using the indirect method.