Question
On the statement of cash flows, we have discussed that we add back depreciation expense, we add back losses, and we subtract gains. Why does
On the statement of cash flows, we have discussed that we add back depreciation expense, we add back losses, and we subtract gains. Why does the statement of cash flows require these actions and where does the impact of gains and losses get reported?
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
