Indicate where the event 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

The issuance of common stock for cash involves a financing activity, and as such, would appear in the financing activities section of the indirect statement of cash flows.

Indicate Where the Event Common Stock Issued for Cash Would