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Which of the Following Would Cause Net Income on the Accrual

Question 92

Multiple Choice

Which of the following would cause net income on the accrual basis to be different than (either higher or lower than) cash provided by operating activities on the statement of cash flows?


A) acquiring $10,000 cash from the owners
B) incurring operating expenses on account
C) providing services to a customer for cash
D) purchasing land for cash

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