I am working a cash flow statement with information given from a condensed balance sheet. Additional information given is that investments were sold at a loss (not extraordinary) of 10,000. Where would this go on the statement of cash flows (under operating, financing, investing) or would this be listed at the end under additional information. Any serious assistance is appreciated.
2007-03-04 14:14:20 · 2 answers · asked by KristinaMaria 3 in Business & Finance ➔ Other - Business & Finance
The proceeds of the sale of the investment are listed as a source of cash from investing. The loss is irrelevant tot he statement of cash flows. That will show up on the income statement.
2007-03-04 14:31:38 · answer #1 · answered by Anonymous · 0⤊ 0⤋
investments probably - use the minus sign
2007-03-04 14:31:55 · answer #2 · answered by smiling_freds_biz_info 6 · 0⤊ 0⤋