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e) allies. ACC, 125000 (CH 21 Statement of Cash Flows) Time Taken 007 20 Sarah Irho: Attempt 1 Previous Pag Next Page Page 3 of
e) allies. ACC, 125000 (CH 21 Statement of Cash Flows) Time Taken 007 20 Sarah Irho: Attempt 1 Previous Pag Next Page Page 3 of 10 Question 3 (2.86 point During 2019, Oldham Corporation, which uses the allowance method of accounting for doubtful accounts, recorded a provision for bad debt expense of $30,000 and in addition it wrote off, as uncollectible, accounts receivable of $10.000. As a result of these transactions, net cash flows from operating activities would be calculated Indirect method) by adjusting net income with a a) $30,000 increase (addition) b) $10.000 increase laddition) )$20,000 increase laddition) d s20,000 decrease bubtraction Previous Pacs Page 3 of 1o 8 9 5 6
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