Question: Using the Indirect Method, would your ADD (A) or Deduct (D) the following from Net Income: (1) Increase in notes receivable due in 45 days

Using the Indirect Method, would your ADD (A) or Deduct (D) the following from Net Income: (1) Increase in notes receivable due in 45 days (2) Increase in Rent Payable (3) Amortization of Patents (4) Decrease in accounts receivable (5) Gain on Sale of Land (6) Decrease in wages payable (7) Amortization of premium on bonds payable (8) Depreciation of a building (9) Loss on Bond Redemption (10) Incresse in prepaid advertising (11) Decrease in merchandise inventory (12) Increase in accounts payable

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