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transactions that result in significant investing and financing activities but that do not involve cash are reported either directly after the statement of cash flows or in a note to the financial statements.

Sagot :

ayfat23

The statement that transaction that don't involve cash, even though it has some investing and financing activities are been recorded after statement of cash flows is True.

  • Transaction that doesn't involve cash can be regarded as one that involves non-cash activities such as depreciation amortization as well as unrealized loss.

  • These transactions can be recorded after statement of cash flows and can also be recorded in a note to the financial statements.

Therefore, we can record non cash transaction after statement of cash flows.

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