Question: A 1 Corporation uses the indirect method to convert net income from an accrual to a cash basis. Indicate where, if at all, a decrease

1

Corporation uses the indirect method to convert net income from an accrual to a cash basis. Indicate where, if at all, a decrease in Income Taxes Payable would be reported on the statement of cash flows:

Does not represent a cash flow

Financing activities section

Investing activities section

Operating activities section

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