Cash paid or received from the purchase or sale of property or equipment is shown in the capital budget and does not appear in the cash budget.

Name: Cash paid or received from the purchase or sale of property or equipment is shown in the capital budget and does not appear in the cash budget.
Brand: Quizplus
Rating: 4.9 (53 reviews)

Question

Quizplus · Accepted Answer

Cash paid or received from the purchase or sale of property or equipment is shown in the cash budget as it affects the cash flow of a business.

Cash Paid or Received from the Purchase or Sale of Property