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QUESTION
What adjustments would need to be made in the Operating Section of the statement of cash flows prepared under the indirect method to account for the
What adjustments would need to be made in the Operating Section of the statement of cash flows prepared under the indirect method to account for the changes in the Accounts Receivable and Inventory account balances for Google?
- Decrease of $997 for Accounts Receivable and decrease of $79 for Inventory
- Decrease of $997 for Accounts Receivable and increase of $79 for Inventory
- Increase of $997 for Accounts Receivable and decrease of $79 for Inventory
- Increase of $997 for Accounts Receivable and increase of $79 for Inventory
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