From the following list, select the proper section from the statement of cash flows in which it would be classified.
-Received cash from the sale of a building
A)Operating Activities
B)Investing Activities
C)Financing Activities

Question

Quizplus · Accepted Answer

The sale of a building is a result of an investing activity and should be classified under the investing activities section of the statement of cash flows.

From the Following List, Select the Proper Section from the Statement