Which of the following will be categorized as a financing activity on the statement of cash flows?
A) Cash received by selling old equipment
B) Cash paid for purchase of new machinery
C) Cash paid for rent
D) Cash received from issuance of shares of common stock

Question

Quizplus · Accepted Answer

Financing activities include transactions involving equity or debt, such as issuing shares or borrowing funds. Cash received from the issuance of shares is a financing activity.

Which of the Following Will Be Categorized as a Financing