When a company purchases equipment using common stock,the equipment purchase is reported as a financing activity.

Name: When a company purchases equipment using common stock,the equipment purchase is reported as a financing activity.
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When a company purchases equipment using common stock, it is reported as an investing activity because it involves the acquisition of long-term assets. Financing activities typically involve obtaining or repaying funds from investors or creditors.

When a Company Purchases Equipment Using Common Stock,the Equipment Purchase