Question
Which of the following is not a correct categorization of a cash inflow/outflow on the statement of cash flows under the indirect method? Payment of
Which of the following is not a correct categorization of a cash inflow/outflow on the statement of cash flows under the indirect method?
| Payment of dividend = financing, decrease | ||
| Increase in accounts payable = operating, increase | ||
| Issuance of bonds payable = investing, increase | ||
| Gain on sale of equipment = operating, decrease |
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Ibrahim M. Aly, Donald E. Kieso
6th Canadian Edition
1119731828, 9781119731825
