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Other Fields Homework Help Accounting Topic started by: akempire on Feb 5, 2023



Title: Using the direct method of preparing the statement of cash flows, to determine the cash effects of ...
Post by: akempire on Feb 5, 2023
Using the direct method of preparing the statement of cash flows, to determine the cash effects of operating activities, a gain on the sale of equipment is

▸ deducted from sales revenue.

▸ deducted from payments for operating expenses.

▸ ignored because a gain is not a cash flow.

▸ added to operating expenses.


Title: Using the direct method of preparing the statement of cash flows, to determine the cash effects of ...
Post by: Hlh13 on Feb 5, 2023
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