Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following is an addition to net incom

Which of the following is an addition to net income when the indirect method is...

80.2K

Verified Solution

Question

Accounting

Which of the following is an addition to net income when the indirect method is used?

an increase in inventory

an increase in accounts receivable

a loss on sale of equipment

a decrease in accounts payable

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Exercise 1-7 Direct and Indirect Costs [LO1-1] Kubin Company’s relevant range of production is 22,000 to 27,000...

Accounting
Q

A special chessboard is 2 squares wide and n squares long. Using n dominoes that are...

Advance Math
Q

What actions can senior leadership take to allocate organizational resources to support the accomplishment of the organization's...

General Management
Q

Dreyvins Coffee House Limited's bank statement for the month of November 2022 showed a balance per...

Accounting
Q

Listen When attempting to measure current flow the ammeter should be inserted directly into the...

Physics
Q

Select the incorrect are 1 0 06900 has 4 number of significant figur 2 0...

Physics
Q

If a player spins a blue or yellow and rolls an odd number the player...

Algebra
Q

The Gammaro Company is preparing its cash payments budget. The following items relate to cash...

Accounting
Q

New Pharma is a pharmaceutical company that produces and sells generic bulk drugs and formulations....

Accounting
Q

The Wisco Company has a process cost system. All materials are added when the process...

Accounting
Q

NOTE: For this question, you must read every reference to a year on Form 4562...

Accounting
Q

Reed Corp. has set the following standard direct materials and direct labor costs per unit...

Accounting