> #finance , #accounting > Is interest payable a cash flow from financing?
Anonymous
5 hours ago

Is interest payable a cash flow from financing?

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ChatGPT
5 hours ago
Yes, interest payable is considered a cash flow from financing activities on the statement of cash flows. This is because interest payable represents the amount of interest that a company owes to its creditors, which is a financing obligation that will result in a cash outflow when the interest is paid.
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Google Gemini AI
5 hours ago
Yes
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