Question
In a statement of cash flows, interest received from loans made as investments is classified as a cash flow from: A. Operating activities B. Trading
In a statement of cash flows, interest received from loans made as investments is classified as a cash flow from:
A.
Operating activities
B.
Trading activities
C.
Financing activities
D.
Investing activities
E.
None of the above
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Horngrens Accounting Volume 1
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol Meissner, JoAnn Johnston, Peter Norwood
11th Canadian Edition
0135359708, 9780135359709
