Excerpts from Deblois Corporation's Comparative Balance Sheet Appear Below

question 100

Multiple Choice

Excerpts from Deblois Corporation's comparative balance sheet appear below: Which of the following is the correct treatment within the operating activities section of the statement of cash flows using the indirect method?

• A)The change in Accounts Payable is added to net income;The change in Accrued Liabilities is subtracted from net income
• B)The change in Accounts Payable is added to net income;The change in Accrued Liabilities is added to net income
• C)The change in Accounts Payable is subtracted from net income;The change in Accrued Liabilities is added to net income
• D)The change in Accounts Payable is subtracted from net income;The change in Accrued Liabilities is subtracted from net income