AccountingBLOCK - Accounting Forums - View Single Post - Direct and Indirect method of Accounts Receivable

bizark · 04-30-2008, 06:31 PM

Using the indirect method, an increase in accounts receivable during a period is deducted from net income in calculating cash provided by operations. Using the indirect method, an increase in accounts receivable during a period is deducted from net income in calculating cash provided by operations.

True or False?

04-30-2008, 06:31 PM	#1 (permalink)
bizark Status: Getting feet wet Join Date: Mar 2008 Location: USA Posts: 45	Direct and Indirect method of Accounts Receivable Using the indirect method, an increase in accounts receivable during a period is deducted from net income in calculating cash provided by operations. Using the indirect method, an increase in accounts receivable during a period is deducted from net income in calculating cash provided by operations. True or False?

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