Which of the following would be deducted from net income for purposes of constructing a statement of cash flows using the indirect method?

A) A) An increase in accounts payable

B) B) An increase in accrued liabilities

C) C) An increase in accumulated depreciation

D) An increase in prepaid expenses

Question added by Jaishri Navani , Finance Manager , West Zone Fresh Supermarket LLC
Date Posted: 2016/05/08

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by FEYISAYO OGUNSANYA , ACCOUNTS EXECUTIVE , SWIFT OIL LIMITED

D. An increase in prepaid expenses

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