Paying interest on money borrowed from the bank would be reported in the operating activities section of the cash flow statement.

Question

Quizplus · Accepted Answer

Paying interest on money borrowed from the bank is considered a part of the company's operating activities, as it is a regular expense related to the ongoing operations of the business. Therefore, it would be reported in the operating activities section of the cash flow statement.

Paying Interest on Money Borrowed from the Bank Would Be