All of the following should be classified under the operating section in a statement of cash flows except a ?

Question

a. Decrease in inventory
b. Depreciation expense.
c. Decrease in prepaid insurance
d. Purchase of land and building in exchange for a long- term note.

Anayatullah Tahir · Answer

d. Purchase of land and building in exchange for a long- term note.

mohammed abdel azim · Answer

d. Purchase of land and building in exchange for a long- term note

because Purchase of land & building under investing activities.

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All of the following should be classified under the operating section in a statement of cash flows except a ?

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