Increases and decreases in long-term liabilities and owners' equity are reported in the investing activities section of the cash flow statement.

Name: Increases and decreases in long-term liabilities and owners' equity are reported in the investing activities section of the cash flow statement.
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Question

Quizplus · Accepted Answer

Increases and decreases in long-term liabilities and owners' equity are reported in the financing activities section of the cash flow statement, not in the investing activities section.

Increases and Decreases in Long-Term Liabilities and Owners' Equity Are