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Question
Match each of the following transactions to its effect (a–g) on the statement of cash flows prepared using the indirect method. Each effect may be used more than once, or not at all.
a. Increase cash from operating activities
b. Decrease cash from operating activities
c. Increase cash from investing activities
d. Decrease cash from investing activities
e. Increase cash from financing activities
f. Decrease cash from financing activities
g. Disclosed as a noncash investing and financing activity
Decrease in accounts payable balance
Answer
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