Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 1 - Introduction to Financial Statements - Self-Test Questions - Page 26: 9

Answer

(a) The investing activities section

Work Step by Step

The investing activities section of the statement of cash flows reports cash flows related to: Purchases and sales of long-term assets, such as: - Equipment - Property - Investments So, any cash spent on new equipment during the accounting period would be recorded here as a cash outflow.
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