Question: A decrease in the accounts payable balance would appear on the statement of cash flows as a(n) a.item listed in a separate schedule of noncash
A decrease in the accounts payable balance would appear on the statement of cash flows as a(n)
a.item listed in a separate schedule of noncash investing and financing activities
b.addition to net income in the operating activities section using the indirect method
c.deduction from net income in the operating activities section using the indirect method
d.outflow of cash in the investing activities section
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
