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Cash flows prepared under the indirect method

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Trenton Corporation has the following items. Specify what will be added (A) or subtracted (S) in the operating activities section of the statement of cash flows prepared under the indirect method.

_______________Increase in inventory

_______________Decrease in accounts receivable

_______________Increase in interest receivable

_______________Increase in salaries payable

_______________Increase in income taxes payable

_______________Decrease in deferred tax asset

_______________Decrease in deferred tax liability

_______________Gain on disposal of assets or liabilities

_______________Depreciation expense

Reference no: EM13867054

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