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In preparing a statement of cash flows under the indirect method, adjustments to net income include: Removing noncash revenues and noncash expenses. Removing nonoperating
In preparing a statement of cash flows under the indirect method, adjustments to net income include: Removing noncash revenues and noncash expenses. Removing nonoperating gains and nonoperating losses. Adjusting for changes in current assets and changes in current liabilities. All of the other answers are adjustments needed under the indirect method.
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Accounting What the Numbers Mean
Authors: David Marshall, Wayne McManus, Daniel Viele
11th edition
1259535312, 978-1259535314
