Question: A decrease in the prepaid expenses account of $1,000 over the course of a year would be shown on the companys statement of cash flows

A decrease in the prepaid expenses account of $1,000 over the course of a year would be shown on the companys statement of cash flows prepared under the indirect method as: a. An addition to net income of $1,000 in order to arrive at net cash provided by operating activities b. A deduction from net income of $1,000 in order to arrive at net cash provided by operating activities. c. An addition of $1,000 under financing activities d. A deduction of $1,000 under financing activities

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