Which of these items will appear in a cash flow statement?
A) carrying value of an asset sold
B) proceeds from the sale of a fixed asset
C) adjustment in the balance of an asset account caused by a revaluation
D) all of the above

Question

Quizplus · Accepted Answer

Proceeds from the sale of a fixed asset will appear in the cash flow statement as it is a cash inflow from investing activities. The carrying value of an asset sold and adjustment in the balance of an asset account caused by a revaluation will not appear in the cash flow statement as they are non-cash transactions.

Which of These Items Will Appear in a Cash Flow