Which one of the following would not be considered an operating activity?
A)pay employees for work completed
B)buy supplies on account
C)purchase equipment for cash
D)sell goods to customers

Question

Quizplus · Accepted Answer

Operating activities are the main activities of a business that generate revenue, such as providing goods or services to customers, paying employees, purchasing inventory, etc. Purchasing equipment for cash is considered an investing activity, not an operating activity.

Which One of the Following Would Not Be Considered an Operating