Please specify whether or not the item needs to be Added or Deducted according t

Question

Please specify whether or not the item needs to be Added or Deducted according to the indirect method.

Need it soon please, thanks.

Increase in prepaid expenses Amortization of patents Increase in salaries payable Gain on sale of fixed assets Decrease in accounts receivable Increase in notes receivable due in 60 days Amortization of discount on bonds payable Decrease in merchandise inventory Depreciation of fixed assets Loss on retirement of long-term debt Decrease in accounts payable Increase in notes payable due in 30 days Increase in income taxes payable

Explanation / Answer

a. Deducted
b. Added
c. Added
d. Deducted
e. Added
f. Deducted
g. Added
h. Added
i Added
j. Added
k. Deducted
l. Added
m. Added

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