In a statement of cash flows in which operating activities, Ask an Expert

Accounting

In a statement of cash flows in which operating activities are reported by the direct method, which of the following would increase reported cash flows from operating activities?

A. gain on sale of equipment.

B. interest revenue.

C. gain on early extinguishment of bonds.

D. proceeds from sale of land.

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Accounting Basics, Accounting

Category:- Accounting Basics
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