Which of the following will be categorized as an operating activity on the statement of cash flows?
A)Cash received by selling old equipment
B)Cash paid for purchase of new machinery
C)Cash paid for purchase of office supplies
D)Cash received as a contribution from the owner

Question

Quizplus · Accepted Answer

Operating activities include transactions related to the primary operations of the business, such as cash paid for office supplies.

Which of the Following Will Be Categorized as an Operating