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Author Question: The Sales Tax Payable balance has decreased during the year. How would this affect the Statement of ... (Read 52 times)

jeatrice

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on: Feb 19, 2020
The Sales Tax Payable balance has decreased during the year. How would this affect the Statement of Cash Flows operations section under the indirect method?
◦ It is already included in the net income.
◦ It would be added back to net income.
◦ It would be subtracted from net income.
◦ It does not affect the cash flow from operations.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by jeatrice on Feb 19, 2020

GCabra

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Reply #1 on: Feb 19, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jeatrice

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Reply 2 on: Feb 19, 2020
Great answer, keep it coming :)

coreycathey

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Reply 3 on: Yesterday
Wow, this really help

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