Under the indirect method, which of the following is NOT a proper adjustment to net income under operating activities A Subtracting an increase in prepaid insurance B Subtracting an increase in interest payable C Adding a loss on the sale of machinery D Adding a decrease in supplies

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Under the indirect method, which of the following is NOT a proper adjustment to net income under operating activities? A. Subtracting an increase in prepaid

Under the indirect method, which of the following is NOT a proper adjustment to net income under operating activities?

Subtracting an increase in prepaid insurance

Subtracting an increase in interest payable

Adding a loss on the sale of machinery

Adding a decrease in supplies

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