What effect does a decrease in income taxes payable for the period have on cash generated from

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What effect does a decrease in income taxes payable for the period have on cash generated from operating activities? Does it matter whether the direct or the indirect method is used?

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Using Financial Accounting Information The Alternative to Debits and Credits

ISBN: 978-1133161646

7th Edition

Authors: Gary A. Porter, Curtis L. Norton

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Question Posted: Jan 12, 2012 03:04 AM

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What effect does a decrease in income taxes payable for the period have on cash generated from

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Regardless of which method is used a decrease in income taxes payable means that cash pa...View the full answer

Using Financial Accounting Information The Alternative to Debits and Credits

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