Which of the following methods, allowed by U.S.GAAP, report(s) the net income for a period adjusted by revenues converted to cash received from customers and expenses converted to cash disbursed to various suppliers of goods and services?
A)the direct method
B)the indirect method
C)both the direct method and the indirect method
D)the schedule of cash receipts and cash disbursements
E)the funds flow statement

Question

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The Answer of Which of the following methods, allowed by U.S.GAAP, report(s) the net income for a period adjusted by revenues converted to cash received from customers and expenses converted to cash disbursed to various suppliers of goods and services?
A)the direct method
B)the indirect method
C)both the direct method and the indirect method
D)the schedule of cash receipts and cash disbursements
E)the funds flow statement

Which of the Following Methods, Allowed by U