Cash paid for equipment would be reported on the statement of cash flows in
A) the Cash flows from operating activities section
B) the Cash flows from financing activities section
C) the Cash flows from investing activities section
D) a separate schedule

Question

Quizplus · Accepted Answer

Cash paid for equipment represents a capital expenditure and would be reported in the Cash flows from investing activities section of the statement of cash flows.

Cash Paid for Equipment Would Be Reported on the Statement