How are depreciation and similar noncash items treated on a statement of cash flows?
Statement of Cash Flows:
Depreciation expense, amortization expense, gains and losses on sale of assets are all considered noncash items and must be accounted for accurately on the statement of cash flows.
Answer and Explanation:
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fromChapter 2 / Lesson 4
Learn about statements of cash flows. Discover what a cash flow statement is and see the indirect method statement of cash flows, net cash flows, and other examples.