The cash paid for the purchase of equipment will typically be shown under the investing activities section of the statement of cash flows.

Name: The cash paid for the purchase of equipment will typically be shown under the investing activities section of the statement of cash flows.
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Question

Quizplus · Accepted Answer

Cash paid for the purchase of equipment is considered a capital expenditure and is classified as a cash outflow from investing activities in the statement of cash flows.

The Cash Paid for the Purchase of Equipment Will Typically