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Virginia Company Uses the Indirect Method to Prepare the Statement

question 118

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Virginia Company uses the indirect method to prepare the statement of cash flows.Refer to the following section of the comparative balance sheet: Virginia Company uses the indirect method to prepare the statement of cash flows.Refer to the following section of the comparative balance sheet:   How will the change in Accounts Payable be shown on the statement of cash flows? A) as an addition to Net Income B) as a deduction from Net Income C) as a deduction from investing cash flows D) as an addition to operating cash flows How will the change in Accounts Payable be shown on the statement of cash flows?


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