How to disclose the net cash flow from operating activities


Response to the following questions:

1. What two alternatives are allowed for where a company may disclose the net cash flow from operating activities prepared under the indirect method in regard to its statement of cash flows?

2. A company purchases equipment costing $12,500 by paying $5,000 down and signing a $7,500 note payable. Show two ways of disclosing the effects of this transaction in regard to the statement of cash flows.

 

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Financial Accounting: How to disclose the net cash flow from operating activities
Reference No:- TGS02105940

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