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Under GAAP, which of the following would affect the net income but would not affect operating cash flows? Select all that apply: a. Purchasing inventory
Under GAAP, which of the following would affect the net income but would not affect operating cash flows? Select all that apply:
a. Purchasing inventory on credit
b. Paying next years rent in advance
c. Writing off accounts receivable because it is no longer collectible
d. Recognizing prepaid rents as current periods expenses
e. Amortizing intangible assets
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