Letters A-K all have the answer options of FINANCING ACTIVITY, INVESTING ACTIVITY, NON-CASH INVESTING AND FINANCING…
The following solution is suggested to handle the subject “Letters A-K all have the answer options of FINANCING ACTIVITY, INVESTING ACTIVITY, NON-CASH INVESTING AND FINANCING…“. Let’s keep an eye on the content below!
Question “Letters A-K all have the answer options of FINANCING ACTIVITY, INVESTING ACTIVITY, NON-CASH INVESTING AND FINANCING…”
INVESTING ACTIVITY, NON-CASH INVESTING AND FINANCING ACTIVITY, or
OPERATING ACTIVITY, as shown in the picture. All other information
is provided. thank you!
Answer
Answer 1
IDENTIFICATION OF CATEGORY OF THE STATEMENT OF CASH
FLOWS IN WHICH EACH TRANSACTION WOULD BE REPORTED :
a. Financing Activity
b. Financing Activity
c. Operating Activity
d. Investing Activity
e. Non Cash investing and financing
Activity
f. Financing Activity
g. Non Cash investing and financing
Activity
h. Investing Activity
i. Financing Activity
j. Non Cash investing and financing
Activity
k. Non Cash investing and financing
Activity
Operating activities are those which are carried in
order to derive at net income
Investing activities are those which are carried to buy
in and sell out a asset
Financing activities are those which are carried in
related to sources of funds i.e., Common stock , debts and any
other succes.
Non Cash investing and financing activities are those
non cash expenditure in related to any asset
_____×_____
ALL THE BEST
Keep Learning
Answer 2
All of the answers are correct, except for e. and.k. These are both operating activity.
Conclusion
Above is the solution for “Letters A-K all have the answer options of FINANCING ACTIVITY, INVESTING ACTIVITY, NON-CASH INVESTING AND FINANCING…“. We hope that you find a good answer and gain the knowledge about this topic of business.