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For each of the following asset and liability balance changes from the beginning to the end of the year, indicate whether the change should be
For each of the following asset and liability balance changes from the beginning to the end of the year, indicate whether the change should be added to (+) or subtracted from (-) net income for purposes of preparing the operating activity section of the statement of cash flows using the Indirect method. Decrease in prepaid insurance Decrease in inventory Decrease in accounts payable increase in salaries payable increase in accounts receivable
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