Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 27 - No. 41)
Which of the following is an example of an operating activity on the statement of cash flows?
Purchase of equipment
Sale of a building
Collection of cash from customers
Issuance of common stock
Explanation
Collection of cash from customers is a cash inflow from the normal operations of the business, which is an operating activity.
Comments (0)
