An increase in inventory should be _____ to convert net income to ...

[Melani1276]

An increase in inventory should be _____ to convert net income to cash flow from operating activities.
 
  Fill in the blanks with correct word

Question 2

Entries are made to the Petty Cash Fund account only when the fund is first established, when it is changed in size, or when it is abolished.
 a. True
   b. False
   Indicate whether the statement is true or false

[sarahccccc]

Answer to Question 1

subtracted

Answer to Question 2

True