The appropriate section in the statement of cash flows for reporting the cash received from customers is:
A)Operating activities.
B)Investing activities.
C)Financing activities.
D)Schedule of noncash investing or financing activity.
E)This is not reported on the statement of cash flows.

Question

Quizplus · Accepted Answer

Cash received from customers is a cash inflow related to the company's primary business activities and is therefore reported in the operating activities section of the statement of cash flows.

The Appropriate Section in the Statement of Cash Flows for Reporting