Question
In preparing a statement of cash flows under the indirect method, a decrease in accounts receivable would be reported or included as a(n): a. Addition
In preparing a statement of cash flows under the indirect method, a decrease in accounts receivable would be reported or included as a(n):
a. Addition to net income in the operating activities section.
b. Deduction from net income in the operating activities section.
c. Financing activity.
d. Investing activity.
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College Accounting Chapters 1-13
Authors: John Price
14th Edition
007763991X, 9780077639914
