Operating Activities
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Description
Transactions entering into the determination of profit, with the exception of gains and losses relating to financing or investing activities. The category includes such transactions as selling goods or services, earning investment income, and incurring costs and expenses, such as payments to suppliers and employees, interest, and income taxes. The cash effects of these transactions are reflected in the operating activities section of the statement of cash flows.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Cash flow statement#Operating activities
Learning Material
Covered in Topic(s)
| Basic Financial Statements |
| Statement of Cash Flow |