Which of the following items is classified as part of 'operating activities' in the statement of cash flows?
A) Depreciation of non-current assets.
B) Receipts from customers from the sale of goods.
C) Bad debts expense.
D) Proceeds from the sale of non-current assets.

Question

Quizplus · Accepted Answer

Receipts from customers from the sale of goods are considered part of operating activities, while the other options are classified as follows: 
A) Depreciation of non-current assets is considered part of the investing activities category 
C) Bad debts expense is considered part of the operating activities category 
D) Proceeds from the sale of non-current assets are considered part of the investing activities category.

Which of the Following Items Is Classified as Part of 'Operating