When shares of the reporting company's common stock are issued in exchange for cash,where is this reported on a statement of cash flows?
A)Operating activities.
B)Financing activities.
C)Investing activities.
D)Stockholder activities.

Question

Quizplus · Accepted Answer

When shares of common stock are issued in exchange for cash, it is considered a financing activity and would be reported under the financing section of the statement of cash flows.

When Shares of the Reporting Company's Common Stock Are Issued