Question: (b) Based on your response to question (4: ), what journal entry would represent the change in accounts receivable ? (c) Based on your response

(b) Based on your response to question (4: ), what journal entry would represent the change in accounts receivable ? (c) Based on your response to question (4b ), why does the firm make a positive adjustment for the change in accounts receivable ? 5. (a) In reconciling the Company's net income to their net operating cash flows , the Company makes a negative adjustment for the change in accounts payable of 40,673 (in thousands ). Did the Company's accounts payable balance increase or decrease during the year ? (b) Based on your response to question (5: ), what journal entry would represent the change in accounts payable ? (c) Based on your response to question (5b ), why would the firm make a negative adjustment for the change in accounts payable? 6. Bonus question: Did the Company pay dividends during 2020? Which section of the Statement of Cash Flows would one look under to confirm this

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