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Carson Lee, a staff accountant, is working on some research for his partner, Joe Davis. Jo has asked Carson to find the proper citation providing

Carson Lee, a staff accountant, is working on some research for his partner, Joe Davis. Jo has asked Carson to find the proper citation providing guidance on when the acquisition of equipment is reported in the operating section of the statement of cash flows. Using the authoritative literature, locate the correct guidance. Enter your response in the answer fields below. Guidance on correctly structuring your response appears above and below the answer fields. Type the topic here. Correctly formatted FASB ASC topics are 3 digits. FASB ASC Some examples of correctly formatted FASB ASC responses are 205-10-05-1, 323-740-S251,26010601A,715303595,820103516BB and 8101055205AE

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