When preparing a statement of cash flows on the indirect, Accounting Basics

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When preparing a statement of cash flows on the indirect

When preparing a statement of cash flows on the indirect method, each of the following should be classified as an operating activity cash flow except : Answer Question 20 answers An increase in accounts receivable. A decrease in accounts payable. A gain from disposal of a long-term asset An increase in prepaid expenses. A decrease in accrued expenses payable

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Accounting Basics: When preparing a statement of cash flows on the indirect

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