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Question 60 4 pts When preparing a statement of cash flows under the indirect method, an increase in ending accounts receivable over beginning accounts receivable
Question 60 4 pts When preparing a statement of cash flows under the indirect method, an increase in ending accounts receivable over beginning accounts receivable will result in an adjustment to net income because o the net increase in accounts receivable decreases net sales and represents an assumed use of cash o cash was increased since accounts receivable is a current asset o the accounts receivable increase was due to a revenue included in net income, but it was not a source of cash all Ist ho dicclocodon + batata dil Cildliges INITION-CasildCCOUILS NUSL pe CISCIOSea On le casn TIOW Statement
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