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In the direct method, why is depreciation expense not reported in the cash flows from operating activities section?

Chapter 17, Questions #21
In the direct method, why is depreciation expense not reported in the cash flows from operating activities section?

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Cash flow statement deals with cash flows include cash and cash equivalents. It shows the incoming a…View the full answer

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Related Book For answer-question
Accounting Principles

Accounting Principles

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

ISBN: 9781118566671

Answers for Questions in Chapter 17

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Broadening Your Perspective:
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