College Accounting, Chapters 1-9 (New in Accounting from Heintz and Parry)
College Accounting, Chapters 1-9 (New in Accounting from Heintz and Parry)
22nd Edition
ISBN: 9781305666184
Author: James A. Heintz, Robert W. Parry
Publisher: Cengage Learning
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Chapter 23A, Problem 3RQ
To determine

State the adjustments that are made if merchandised inventory decreased and accounts payable increased from last year for preparing a statement of cash flows using direct method.

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