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Author Question: If a company uses the indirect method of calculating cash from operating activities, net income is ... (Read 56 times)

AEWBW

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on: Jul 5, 2018
If a company uses the indirect method of calculating cash from operating activities, net income is adjusted for non-cash transactions.
 
  Indicate whether the statement is true or false

Question 2

A common approach to keeping a record of each customer's accounts receivable is to use a
 a. sales journal.
   b. subsidiary accounts receivable ledger.
   c. controlling account.
   d. general journal.


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gcook

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Reply #1 on: Jul 5, 2018
Answer to Question 1

TRUE

Answer to Question 2

b


AEWBW

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Reply 2 on: Jul 5, 2018
Excellent

bblaney

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Reply 3 on: Yesterday
Wow, this really help

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