If cash is paid to purchase a factory building,in which
A)Operating activities
B)Investing activities
C)Financing activities
D)Capital activities
E)None of the answer choices is correct.

Question

Quizplus · Accepted Answer

Cash paid to purchase a factory building is considered a capital expenditure and falls under the investing activities category as it involves the acquisition of a long-term asset.

If Cash Is Paid to Purchase a Factory Building,in Which