Direct Method Statement of Cash Flows

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In this session, I work an example using the direct method to commute the operating section for the statement of cash flows.

#cpaexam #cpareview #intermediateaccounting
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lanaette
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12'56'' - the gain should be part of investing activity, not financing activity, right? You said it is "financing". Hope my understanding is correct. Please advise. Thanks!

frjvnpj
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richardwang