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When the indirect method is used, if accounts payable increases during the accounting period, the change in accounts payable is: Multiple Choice subtracted from net
When the indirect method is used, if accounts payable increases during the accounting period, the change in accounts payable is: Multiple Choice subtracted from net income. subtracted from the change in the cash account. added to net income. added to the change in the cash account. In calculating the net cash provided by or used in operations using the indirect method, which of the following items would be added to net income? Multiple Choice 0 An increase in long-lived assets. 0 A decrease in Salaries and Wages Payable. 0 An increase in Accounts Receivable. 0 A decrease in Prepaid Rent
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