Cash received from customers would be reported on the statement of cash flows:
A)under operating activities.
B)under investing activities.
C)under financing activities.
D)in the schedule of noncash investing and financing activities.

Question

Quizplus · Accepted Answer

Cash received from customers is a result of the primary business activity of the company and is reported as part of operating activities on the statement of cash flows.

Cash Received from Customers Would Be Reported on the Statement