Losses from the sale of equipment are shown in the investing section of a statement of cash flows.

Name: Losses from the sale of equipment are shown in the investing section of a statement of cash flows.
Brand: Quizplus
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Question

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Losses from the sale of equipment are included in the operating section of the statement of cash flows, as they are adjustments to reconcile net income to net cash provided by operating activities. The actual proceeds from the sale of equipment are reported in the investing section.

Losses from the Sale of Equipment Are Shown in the Investing