What are financing activities?
A)Activities involving the acquisition and disposal of long-term assets.
B)Activities that result in changes in the size and composition of the contributed equity and borrowings of the entity.
C)Activities involving the principal revenue-producing activities of the entity.
D)Activities that do not involve cash.

Question

Quizplus · Accepted Answer

Financing activities are transactions that result in changes in the size and composition of the equity and borrowings of an entity. These include issuing shares, paying dividends, and obtaining or repaying loans.

What Are Financing Activities