If a building is sold at a gain, the gain on disposal should be reported in the non-operating section of the cash flow statement.

Name: If a building is sold at a gain, the gain on disposal should be reported in the non-operating section of the cash flow statement.
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Quizplus · Accepted Answer

The gain on disposal of a building should be reported in the investing section of the cash flow statement, as it relates to the sale of a long-term asset.

If a Building Is Sold at a Gain, the Gain