For each item listed below, identify how it will be reported on the Statement of Cash Flows under the indirect method.
-Increase in short-term notes receivable
A)Operating activity
B)Investing activity
C)Financing activity
D)Not reported separately on the cash flow statement

Question

Quizplus · Accepted Answer

Any increase in short-term notes receivable will be reported under operating activity on the Statement of Cash Flows under the indirect method.

For Each Item Listed Below, Identify How It Will Be