Transactions with a company's owners and creditors that include obtaining cash from issuing debt and repaying the amounts borrowed,and distributing cash to owners.
A)Financing activities
B)Investing activities
C)Statement of cash flows
D)Indirect method
E)Direct method
F)Operating activities

Question

Quizplus · Accepted Answer

Financing activities involve transactions between a company and its owners and creditors, such as obtaining cash from issuing debt and repaying borrowed amounts, as well as distributing cash to owners.

Transactions with a Company's Owners and Creditors That Include Obtaining