Question: What impact does this have on the statement of cash flows using the indirect method? a.) If the balance of a current liability decreases during
What impact does this have on the statement of cash flows using the indirect method? a.) If the balance of a current liability decreases during the accounting period, then that amount will be subtracted from the net income using the indirect method. b.) If the balance of a current liability increases during the accounting period, then that amount will be added to the net income using the indirect method. c.) If the balance of a current asset increases during the accounting period, then that amount will be subtracted from the net income using the indirect method. d.) If the balance of a current asset decreases during the accounting period, then that amount will be added to the net income using the indirect method.
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