Question: When using the indirect method to prepare a statement of cash flows, which of the following would not appear in the operating activities section as

When using the indirect method to prepare a statement of cash flows, which of the following would not appear in the operating activities section as an adjustment to reconcile net income to net cash provided by operating activities?

A change in taxes payable

A change in dividends payable

A change in dividends receivable

A change in interest payable

A change in interest receivable

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!

this question (39) confusing A company uses the indirect method to prepare the statement of cash flows. It s reported under the operating activities section on the statement of cash flows? O A. The...

Can you help me with the attached accounting files? ACCT 221 Quiz 2 Please answer in the Answer Sheet provided at the end of the Question booklet. Submit the Answer Sheet only through Quiz 2...

1. The difference between the direct method and the indirect methods of preparing the statement of cash flows is primarily visible in which of the following sections? Select one: a. Operating...

When using the indirect method of preparing a statement of cash flows, which of the following items would need to be added to net income in order to reconcile to cash provided by operating...

When using the indirect method of preparing a statement of cash flows, which of the following items would need to be deducted from net income in order to reconcile to cash provided by operating...

When using the indirect method to prepare a statement of cash flows, which of the following will appear in the operating activities section of the statement? Sale of a parcel of land at book value...

Using the indirect method to prepare a statement of cash flows, which of the following is subtracted from net income to calculate the net cash provided or used by operating activities? Decrease in...

Refer to All of the facts in Exercise 5-18, Masthead Company's comparative balance sheets included inventory of $180,400 at December 31, 2016, and $241,200 at December 31, 2017. Masthead's...

Refer to all of the facts in Exercise 5-17. Masthead Companys comparative balance sheets included inventory of $180,400 at December 31, 2009, and $241,200 at December 31, 2010. Mastheads comparative...

At December 31, 2014, the available-for-sale equity portfolio for Zorro Foods Corp. is as follows. December 31, 2013, securities fair value adjustment balanceDr. 5,400 On January 20, 2015, Zorro sold...

Packing materials is considered is a semi-variable cost because this type of cost varies almost automatically with volume of production. True / False Semi-variable costs change disproportionately...

An outflow of assets or increase in liabilities resulting from delivering or producing goods, rendering services or performing other activities related to an entity's business operation over a period...

SIMAD UNIVERSITY Class: BACC25 Subject: Islamic Accounting Instructions: a) Follow The Instructions. Midterm Exam Instructor: All Ibrahim Date: 6-4-2022 b) You Have 1.5 Hrs. To Complete This Test. c)...

6. Have you used solid reasoning in your argument?

8. Have you checked (and rechecked) your speech for logical fallacies? Have you addressed and removed any that youve identified?

3. Have you assessed your audiences disposition and needs? Have you considered what is most relevant to them?