In good years, dailey industries often loans cash to other companies, but in difficult years, they have to borrow cash from othe

Question

Nata [24]

2 years ago

7

In good years, dailey industries often loans cash to other companies, but in difficult years, they have to borrow cash from othe

r entities. how would they record these differently on the statement of cash flows

Business

1 answer:

MrRissso [65] · Answer 1 · 2023-08-10T21:02:30+03:00

Any sort of funds used In financing a firm is recorded in the Financing activities while the loans cash will be recorded in the Financing activities of the statement of cash flows as well.

<h3>What is the Financing activities of cash flows?</h3>

This part of cash flows record the financing activities such as raising money through lending or issuing a bond as well as paying back to the investors.

Therefore, both transactions will be recorded in the financing activities of cash flows.

Read more about financing activities

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