Question: Available options: Net income Net loss Accounts payable decrease Accounts payable increase Accounts receivable decrease Accounts receivable increase Amortization expense Depreciation expense Gain on sale

Available options: Net income Net loss Accounts payable decrease Accounts payable increase

Available options:

Net income

Net loss

  • Accounts payable decrease
  • Accounts payable increase
  • Accounts receivable decrease
  • Accounts receivable increase
  • Amortization expense
  • Depreciation expense
  • Gain on sale of equipment
  • Inventory decrease
  • Inventory increase
  • Loss on sale of equipment
  • Salaries payable decrease
  • Salaries payable increase
  • Wages payable decrease

  • Net cash provided by financing activities
  • Net cash provided by investing activities
  • Net cash provided by operating activities
  • Net cash used in financing activities
  • Net cash used in investing activities
  • Net cash used in operating activities

Prepare the operating activities section of the statement of cash flows for GreenGarden using the indirect method. Note: Amounts to be deducted should be indicated with a minus sign

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