Which of the following is NOT classified as a financing activity?
A) Issue of shares
B) Dividend payments
C) Sale of equipment
D) Borrowing from a finance company

Question

Quizplus · Accepted Answer

The sale of equipment is classified as an investing activity, not a financing activity. Financing activities involve obtaining or repaying funds from external sources, such as issuing shares, paying dividends, and borrowing money from finance companies or banks.

Which of the Following Is NOT Classified as a Financing