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Entity L reported net income of $25,000 for the current year and uses the indirect method to report operating activities cash flow. The Supplies account

Entity L reported net income of $25,000 for the current year and uses the indirect method to report operating activities cash flow. The Supplies account decreased by $15,000 during the year. Choose the appropriate category on the statement of cash flows to report the decrease in Supplies.

Cash Flows From Operating ActivitiesDeduct from Net Income

Cash Flows From Financing Activities

Cash Flows From Investing Activities

Non-cash

Cash Flows From Operating ActivitiesAdd to Net Income

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