Question: Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December Note: Amounts to be


Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December Note: Amounts to be deducted should be indicated with a minus sign. Amortization expense Decrease in accounts payable Decrease in accounts receivable Decrease in inventory Decrease in prepaid expenses Gain on sale of plant assets Increase in accounts payable Increase in accounts receivable Increase in inventory Increase in prepaid expenses
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