When preparing a statement of cash flows under the indirect method, the adjustment to net income for an increase in wages payable (WP) and a decrease in the deferred tax liability (DTL) on the balance sheet compared to the prior reporting period is: Increase in WP Decrease in DTL()①A. Negative No adjustment ②B. Positive Negative ③C. Positive No adjustment
A. ①
B. ②
C. ③