Why is depreciation expense not generally reported on the statement of cash flows when using the direct

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Why is depreciation expense not generally reported on the statement of cash flows when using the direct method?

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Cornerstones of Financial and Managerial Accounting

ISBN: 978-0324787351

1st Edition

Authors: Rich Jones, Mowen, Hansen, Heitger

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Question Posted: Jul 23, 2012 02:23 AM

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Why is depreciation expense not generally reported on the statement of cash flows when using the direct

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Depreciation expense is a noncash item Therefore it is not gener...View the full answer

Cornerstones of Financial and Managerial Accounting

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