On the statement of cash flows, Entity A's issuance of common stock for cash is a...
On the statement of cash flows, Entity A's issuance of common stock for cash is a (an):
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Non-cash investing and financing activity. |
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Investing activity. |
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Operating activity. |
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Financing activity. |
Homework Answers
Answer- On the statement of cash flows, Entity A's issuance of common stock for cash is a = Financing activity.
Explanation- Issuance of common stock for cash shown under financing activity of the statement of cash flows under indirect/direct method.
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