Question: Virginia Company uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: Virginia Company

Virginia Company uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: Virginia Company Comparative Balance Sheet December 31, 2018 and 2017 2018 Accounts Payable Accrued Liabilities Long-term Notes Payable otal Liabilities $4,000 2,000 84,000 $90,000 2017 Increase/(Decrease) $(2,000) 1,000 (6,000) (7,000) $6,000 1,000 90000 $97,000 How will the change in Accounts Payable be shown on the statement of cash flows? 0 A, as an addition to operating cash flows O B. as an addition to Net Income O C. as a deduction from Net Income O D. as a deduction from investing cash flows
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