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For Each of the Following Operating Activities, Indicate Whether It

Question 151

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For each of the following operating activities, indicate whether it is a under the indirect method:

Premises:
decrease in Accounts Receivable
increase in Wages Payable
decrease in Taxes Payable
depreciation expense
loss on early redemption of bonds
converting bonds to stock
Responses:
source of cash
a use of cash
neither

Correct Answer:

decrease in Accounts Receivable
increase in Wages Payable
decrease in Taxes Payable
depreciation expense
loss on early redemption of bonds
converting bonds to stock
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