Indicate where the transaction of issuing ordinary shares for cash would appear, if at all, on the indirect statement of cash flows.
A) Operating activities section
B) Investing activities section
C) Financing activities section
D) Does not represent a cash flow

Question

Quizplus · Accepted Answer

Issuing ordinary shares for cash represents a cash inflow from financing activities, which would appear in the financing activities section of the indirect statement of cash flows.

Indicate Where the Transaction of Issuing Ordinary Shares for Cash