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In preparing a statement of cash flows using the indirect method, the Depreciation Expense A. is added back as an adjustment to Net Income in
In preparing a statement of cash flows using the indirect method, the Depreciation Expense A. is added back as an adjustment to Net Income in the operating activities section B. is shown as a negative cash flow under operating activities C. is added back to Purchases of Plant Assets under investing activities D. is shown as a negative cash flow in the investing activities Step by Step Solution
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Financial Accounting For Management
Authors: N Ramachandran
3rd Edition
1259004694, 978-1259004698
