Question: When preparing a statement of cash flows ( indirect method ) , which of the following is NOT an adjustment to reconcile net income to

When preparing a statement of cash flows (indirect method), which of the following is NOT an adjustment to reconcile net income to net cash provided by operating activities?
When preparing a statement of cash flows (indirect method), which of the following is NOT an adjustment to reconcile net income to net cash provided by operating activities?
A change in accounts payable
A purchase of land
A change in accounts receivable
Depreciation expense

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!