A company's inventory account decreased by $1,000 during the year.Which of the following will appear on the statement of cash flows prepared using the indirect method?
A) An addition under investing activities
B) A deduction under investing activities
C) An addition under operating activities
D) A deduction under operating activities
Correct Answer:
Verified
Q65: A company's taxes payable account decreased by
Q66: Which of the following items is subtracted
Q67: A company's unearned revenue account increased by
Q68: Investing activities include
A)purchases and sales of property
Q69: Which of the following items is subtracted
Q71: A company's prepaid insurance account decreased by
Q72: Brandon, Inc.had a $1,000 increase in accounts
Q73: Which of the following items is not
Q74: Which of the following items is added
Q75: Investing activities include all of the following
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