Intermediate Accounting 14th Edition

Published by Wiley
ISBN 10: 0470587237
ISBN 13: 978-0-47058-723-2

Chapter 5 - Balance Sheet and Statement of Cash Flows - Questions - Page 280: 23

Answer

The variation between the two amounts might be a result of the non-cash charge that appears in the income statement.

Work Step by Step

Examples of such charges include depreciation, amortization, and depletion of intangible assets.
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