Question
Collection of principal on a note receivable is a cash flow from financing activities. True False Under the indirect method, depreciation is added to net
Collection of principal on a note receivable is a cash flow from financing activities.
True False
Under the indirect method, depreciation is added to net income because it decreases net income but does not affect cash flow.
True False
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Blockchain Technology In Accounting And Auditing
Authors: Prof Oleksandr Melnychenko
1st Edition
1976900328, 978-1976900327
