Which of the following would not appear on a statement of cash flows prepared using the direct method? A) cash receipt from repayment of a loan B) cash purchase of inventory C) cash payments for operating expenses D) depreciation expense

Question

Quizplus · Accepted Answer

Depreciation expense would not appear on a statement of cash flows prepared using the direct method. This is because the direct method only takes into account actual cash transactions and depreciation expense is a non-cash expense.

Which of the Following Would not Appear on a Statement