Impact of Transactions Involving Receivables on Statement of Cash Flows From the following list,…

Impact of Transactions Involving Receivables on Statement of Cash Flows

From the following list, identify whether the change in the account balance during the year

would be added to or deducted from net income when the indirect method is used to

determine cash flows from operating activities:

Increase in accounts receivable

Decrease in accounts receivable

Increase in notes receivable

Decrease in notes receivable