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

Which of the Following Would Not Appear in a Statement