Question
A loss on the sale of machinery in the ordinary course of business should be presented in the cash flow statement as: Group of answer
A loss on the sale of machinery in the ordinary course of business should be presented in the cash flow statement as:
Group of answer choices
a deduction from net income when using the indirect method.
an addition to net income when using the indirect method.
cash flow from investing activities when using the direct method.
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Accounting And Financial System Reform In Eastern Europe And Asia
Authors: Robert W. McGee, Galina G. Preobragenskaya
2nd Edition
0387257098, 9780387257099
