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    Intermediate Accounting Study Set 7
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    Exam 22: The Statement of Cash Flows
  5. Question
    Under the Indirect Method, Bond Discount Amortization Is Subtracted from Net
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Under the Indirect Method, Bond Discount Amortization Is Subtracted from Net

Question 104

Question 104

True/False

Under the indirect method, bond discount amortization is subtracted from net income to arrive at operating cash flows.

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