Indicate where the issuance of common stock issued 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 common stock for cash is considered a financing activity and would appear in the financing activities section of the indirect statement of cash flows.

Indicate Where the Issuance of Common Stock Issued for Cash