The following income statement and additional year-end information is provided. Accounta receivable $30,500 increase Necounta...
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Accounting
The following income statement and additional year-end information is provided. Accounta receivable $30,500 increase Necounta payable 25,000 increase salaries payable S 12,500 decreane. Inventory 3,500 decrease Prepare the operating activities section of the statement of cash flows using the indirect method. Note: Amounts to be deducted should be indicated with a minus sign
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