In adjusting the accrual basis net income to cash basis net income under the indirect method, all increases in prepaid assets are added back to net income.

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A: Hi student Since there are multiple questions, we will answer only first question.

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A: The Industrial Revolution (1760-1830)  was the 4th Industrial Revolution.

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A: The answer to the question are given below:

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A: Solution Debit and credit are used in company bookkeeping in order for its books to balance.

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A: Desired ending inventory for January = Budgeted sales for february x 75% = 5200 x 75% = 3900

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