Impact of Transactions Involving Receivables on Statement of Cash Flows From the following list,…
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Impact of Transactions Involving Receivables on Statement of Cash Flows
From the following list, identify whether the change in the account balance during the year
would be added to or deducted from net income when the indirect method is used to
determine cash flows from operating activities:
Increase in accounts receivable
Decrease in accounts receivable
Increase in notes receivable
Decrease in notes receivable
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