In: Accounting
Which category on the statement of cash flows summarizes cash receipts and payments from the day-to-day activities of the company?
a- Cash flows from operating activities.
b- Cash flows from investing activities,
c *Cash flows from business activities,
d- Cash flows from financing activities,
Answer is
a- Cash flows from operating activities.
Day to Day Activities are operating activities of the company, any cash receipt and payment from such activites are presented under Operating Activities