Welcome to Westonci.ca, where curiosity meets expertise. Ask any question and receive fast, accurate answers from our knowledgeable community. Our Q&A platform offers a seamless experience for finding reliable answers from experts in various disciplines. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.
Sagot :
The correct answer is to subtract the loss from net income proceeds from the sale of equipment ought to be included in net income within the working activities area. A loss on the deal of arrival ought to be added to net income within the working exercises segment.
What do you understand by Subtracting the loss from net income?
- In Accounting, under the indirect method of assessing or calculating money flow, the starting net cash flow is decided that’s enrolled within the course of all the working exercises in business. Any beginning net salary or net loss is registered within the starting beneath the round about strategy of completing money stream from working activities.
- Any non-cash costs or costs such as deterioration of physical resources and gear or amortization are included in the starting net wage level.
- Presently, any profit or misfortune from the transfer of long-term resources is subtracted from the net wage to decide the cash stream of working activity
To know more about money flow visit:
https://brainly.com/question/14404699
#SPJ4
Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.
