Question
When the indirect method of reporting cash flows from operating activities is used, payoff of a long-term liability with cash would be reported on the
When the indirect method of reporting cash flows from operating activities is used, payoff of a long-term liability with cash would be reported on the Statement of Cash Flows in the
| operating activities section. |
| investing activities section. |
| financing activities section. |
| noncash investing and financing section. |
| The amount would not be reported on the Statement of Cash Flows |
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Principles Of Accounting Volume 2 Managerial Accounting
Authors: OpenStax
1st Edition
0357364805, 9780357364802
