Answer :
Th items are classified as cash outflows from operating activities on the statement of cash flows are:
- Interest received on notes receivable
- Collection on account
What is the statement of cash flows?
The cash flow statement can be desribed as the tools that helps to provide a detailed picture of what happened to a business's cash during an accounting period.
It should be noted that it helps to demonstrates an organization's ability to operate in the short and long term, which can be used on how much cash is flowing into and out of the business.
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