AccountingBLOCK

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?

ZaddY · 05-02-2008, 01:01 PM

It is TRUE

04-30-2008, 06:31 PM	#1 (permalink)
bizark Status: Getting feet wet Join Date: Mar 2008 Location: USA Posts: 39 Credits: 623	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?

05-02-2008, 01:01 PM	#2 (permalink)
ZaddY Status: Owner/Administrator Join Date: Mar 2008 Location: Bay Area, CA Posts: 121 Credits: 3,606	It is TRUE __________________ Owner Zindah, Inc. A.A Accounting B.S Accounting

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