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Famous Dews II
on Oct 16, 2024

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The purchase of supplies appears on the statement of cash flows as an investing activity because it involves the purchase of assets.

Statement Of Cash Flows

A financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company, showing how the company's operations, investing, and financing activities affect cash.

Investing Activity

Transactions involving the purchase or sale of long-term assets and investments, a section in the cash flow statement.

Supplies

Items used in the operation of a business but not directly tied to the production of goods or services, such as office supplies.

  • Acquire knowledge on the essential aspect of managing cash flows and its association with activities related to operations, investments, and finance.
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larisa pleshtiyevOct 21, 2024
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