Question
In preparing a statement of cash flows using the indirect method, the Depreciation Expense ________ . A. is shown as a negative cash flow under
In preparing a statement of cash flows using the indirect method, the Depreciation Expense ________
. A. is shown as a negative cash flow under operating activities
B. is added back as an adjustment to Net Income in the operating activities section
C. is added back to Purchases of Plant Assets under investing activities
D. is shown as a negative cash flow in the investing activities section
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Accounting An Essential Guide To Learning Accounting Quickly
Authors: Greg Shields
1st Edition
1978341873, 978-1978341876
