Question
On an indirect-method statement of cash flows, a gain on the sale of capital assets is A. reflected in the financing activities section. B. added
On an indirect-method statement of cash flows, a gain on the sale of capital assets is
A. reflected in the financing activities section.
B. added to net income.
C. reflected in the investing activities section.
D. deducted from net income.
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Accounting Theory
Authors: Contemporary Accounting Issues
1st Edition
9780324107845
