Multiple Choice Question

To convert Cost of Goods Sold on the income statement to Cash Paid to Suppliers on the statement of cash flows, changes in Blank$\_\_\_\_\_\_$ need$($s$)$ to be added$/$subtracted to Cost of Goods Sold depending on the direction of the change$($s$).$

Multiple choice question.

Inventory only

both Accounts Receivable and Inventory

both Accounts Payable and Inventory

Accounts Receivable only

Accounts Payable only