MANAGERIAL ACCOUNTING
MANAGERIAL ACCOUNTING
17th Edition
ISBN: 9781264151455
Author: Garrison
Publisher: MCG
Question
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Chapter 15, Problem 5Q
To determine

Cash Flow statement: The statement which summarizes the net amount of cash disbursed and received in a particular activity is called cash flow statement.

Determine the reason for subtracting a gain from an asset in operating activities while preparing cash flow statement by indirect method.

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