When Using the T-Account Approach to Preparing the Indirect Method

Multiple Choice

When using the T-account approach to preparing the indirect method of the statement of cash flows,which of the following would be associated with amounts entered on the credit side of the Cash T-account?

A) Increase in Inventory
B) Decrease in Accounts Receivable
C) Decrease in Inventory
D) Increase in Accrued Liabilities