​Which of the Following Would Not Be on the Statement

question 95

Multiple Choice

​Which of the following would not be on the statement of cash flows?

• A) ​cash flows from investing activities
• B) ​cash flows from financing activities
• C) ​cash flows from operating activities
• D) cash flows from contingent activities

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Definitions:

Assets

Economic resources or valuable items owned by a person or company that are expected to provide future benefits.

Debits

An accounting term representing an entry on the left side of an account ledger, indicating increases in assets or expenses.

Credits

Accounting entries that represent an increase in liabilities or equity, or a decrease in assets, typically reflecting income or gains.

Transactions In QBO

Financial activities recorded within QuickBooks Online, such as sales, purchases, and payments.