Which of the following is not an inflow of cash?
A) Collection of a short-term receivable
B) Sale of a capital asset for cash
C) Cash borrowed on a short-term note
D) Depreciation expense

Question

Quizplus · Accepted Answer

Depreciation expense is a non-cash expense which reduces the book value of an asset but does not involve any inflow or outflow of cash. Choices A, B, and C all involve the receipt of cash which is considered an inflow.

Which of the Following Is Not an Inflow of Cash