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MGMT E-1000 Financial Accounting Principles Module 5 Quiz 1
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Module 5 Quiz 1)Which of the following items would NOT be shown on a statement of cash flowscreated using the indirect method?Net Income Net income is shown in the cash flow from Operating Activities section under the indirect method. Retained Earnings This is the correct answer! Retained earnings is never shown on the statement of cash flows. Cash, beginning of year Beginning of year cash balance is shown at the top of a statement of cash flows. Cash, end of year End of year cash balance is shown at the bottom of a statement of cash flows.
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Havard School
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module 5 quiz 1which of the following items would not be shown on a statement of cash flowscreated using the indirect methodnet income net income is shown in the cash flow from operating activities
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