When accounting for cash collected from customers,the transaction would appear on the cash flow statement as a(an):

Question

Quizplus · Accepted Answer

Cash collected from customers is a revenue generated from the company's primary operations, which falls under operating activities on the cash flow statement. Operating activities include cash inflows and outflows related to day-to-day business operations, such as sales, inventory purchases, and operating expenses. Financing activities involve cash inflows and outflows related to raising capital or paying back investors, while investing activities involve cash inflows and outflows related to the purchase or sale of long-term assets.

When Accounting for Cash Collected from Customers,the Transaction Would Appear