Question
When preparing a statement of cash flows under the direct method, depreciation on a building would be reported as a(n): A. financing activity. B. operating
When preparing a statement of cash flows under the direct method, depreciation on a building would be reported as a(n):
A. financing activity.
B. operating activity.
C. investing activity.
D. It is not reported.
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Financial Accounting A Business Perspective
Authors: Roger H. Hermanson, James Don Edwards
7th Edition
0072289988, 978-0072289985
