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If,on the Comparative Balance Sheet,Accounts Payable Has Increased,the Amount of Increase

Question 64

Multiple Choice

If,on the comparative balance sheet,Accounts Payable has increased,the amount of increase would be:


A) added to net income on the statement of cash flows (indirect method) .
B) subtracted from net income on the statement of cash flows (indirect method) .
C) ignored because cash is not involved.
D) None of these answers is correct.

Correct Answer:

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