Question: 11. Using the indirect method to prepare statement of cash flows, how would you record a bad debt expense? As: a. An increase in cash

11. Using the indirect method to prepare statement of cash flows, how would you record a bad debt expense? As: a. An increase in cash flow from operating activities b. An increase in cash flow provided from Investing Activities C. A decrease in cash flow from Operating Activities d. A decrease in cash flow from Financing Activities None of the above. e. 12. Scarecrow, Inc. issues 50,000 shares of $20 par value of common stock. The shares are sold for $25 each. What journal entry would you make to record the issuance of the stocks? 3

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