Which of the following would not appear in a statement of cash flows?
A)the creation of an allowance for doubtful debts.
B)the upward revaluation of an asset.
C)a bonus issue of shares.
D)all of the above.

Question

Quizplus · Accepted Answer

The statement of cash flows only includes transactions that involve actual cash flows. The creation of an allowance for doubtful debts, the upward revaluation of an asset, and a bonus issue of shares do not involve cash movements and therefore would not appear in a statement of cash flows.

Which of the Following Would Not Appear in a Statement