Which balance sheet accounts are most affected by investing activities?
A)Current assets and current liabilities
B)Long-term assets
C)Long-term liabilities
D)Stockholders' equity

Question

Quizplus · Accepted Answer

Investing activities involve purchasing and selling long-term assets, such as property, plant, and equipment, and investments in other companies. Therefore, long-term assets are the accounts most affected by investing activities.

Which Balance Sheet Accounts Are Most Affected by Investing Activities