Homework answers / question archive / Under the indirect method of preparing the statement of cash flows, which of the following is added to net income in the operating activities section?   Decrease in accounts payable Gain on sale of equipment Depreciation expense Increase in accounts receivable  

Under the indirect method of preparing the statement of cash flows, which of the following is added to net income in the operating activities section?   Decrease in accounts payable Gain on sale of equipment Depreciation expense Increase in accounts receivable  

Accounting

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1. 1. Decrease in accounts payable
   2. Gain on sale of equipment
   3. Depreciation expense
   4. Increase in accounts receivable