Question: When corverting an income statement from a cash basis to an accrual basis, which of the following is incorrect? Multple Choice An increste in accrued
When corverting an income statement from a cash basis to an accrual basis, which of the following is incorrect?
Multple Choice
An increste in accrued peysbles decreases net inceme.
Areduction in prepaid expenies decoeases net inoees.
A decrease in sularies peynble decreanen net income.
An edfustreith for depreciation neduces net income.
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