Please fill out the section of the statement of cashflows using the indirect method The options for the second part after income statement items not affecting cash is amortization expense Patents Decrease in accounts payable Decrease in accounts receivable Decrease in inventory Decrease in salaries payable Depreciation expense Gain on sale of equipment Increase in accounts payable increase in accounts receivable increase in inventory increase in salaries payable loss on sale of equipment Changes in current asset and current liability accounts for the year that relate to operations follow Required Prepare only the cash flows from operating activities section of the statement of cash flows using the indirect method (Amounts to be deducted should be indicated with a minus sign ) Required Prepare only the cash flows from operating activities section of the statement of cash flows using the indirect method (Amounts to be deducted should be indicated with a minus sign )

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Posted on Oct 05, 2024

Please fill out the section of the statement of cashflows using the indirect method. The options for the second part after income statement items not

Please fill out the section of the statement of cashflows using the indirect method.

The options for the second part after "income statement items not affecting cash" is:

- amortization expense-Patents

- Decrease in accounts payable

- Decrease in accounts receivable

- Decrease in inventory

- Decrease in salaries payable

- Depreciation expense

- Gain on sale of equipment

- Increase in accounts payable

- increase in accounts receivable

- increase in inventory

- increase in salaries payable

- loss on sale of equipment

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Changes in current asset and current liability accounts for the year that relate to operations follow. Required: Prepare only the cash flows from operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Required: Prepare only the cash flows from operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)