Title: Brandon, Inc. had a $1,000 increase in accounts payable during the year. Which of the following will ... Post by: katiemarie on Feb 5, 2023 Brandon, Inc. had a $1,000 increase in accounts payable during the year. Which of the following will appear on the statement of cash flows prepared using the indirect method?
▸ Add $1,000 to net income in order to arrive at net cash provided by operating activities. ▸ Deduct $1,000 to arrive at net cash flows from investing activities. ▸ Deduct $1,000 from net income in order to arrive at net cash provided by operating activities. ▸ Do not include the $1,000 in the statement of cash flows but show it in an accompanying schedule of non-cash transactions. Title: Brandon, Inc. had a $1,000 increase in accounts payable during the year. Which of the following will ... Post by: crwille78 on Feb 5, 2023 Content hidden
|