In which category ‘Rent received ' will be classified while preparing the Cash Flow Statement in case of (i) Real Estate Agent and (ii) Non-Real Estate Agent.

In which category ‘Rent received ‘ will be classified while preparing the Cash Flow Statement in case of (i) Real Estate Agent and (ii) Non-Real Estate Agent.

Post category:Accountancy
Reading time:1 mins read

SOLUTION

(i) Rent Received will be Operating Activity in case of Real Estate Agent.
(ii) Rent Received will be Investing Activity in case of Non-Real Estate Agent.

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