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the breezy fan reported a decrease to net income in their income taxes payable account on the statement of cash flows using the indirect method. this means that breezy
fans income taxes payable account (increased/decreased) for the period.
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When using the indirect method for the statement of cash flows, a decrease in net income due to the income taxes payable account implies that the company has paid more taxes than it accrued. This leads to a decrease in the income taxes payable account balance.
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decreased