For which of the following accounts would change during the year and that account would not be found in the reconciliation of net income and net operating cash flow?
A) Dividends payable
B) Interest payable
C) Prepaid rent
D) Wages payable
E) Short-term notes payable to supplier

Question

Quizplus · Accepted Answer

Dividends payable would not be found in the reconciliation of net income and net operating cash flow because dividends are not an operating activity; they are a financing activity.

For Which of the Following Accounts Would Change During the Year