(Appendix)A utility bill for $315 was paid.This activity is classified as
A) operating.
B) investing.
C) financing.
D) paying.

Name: (Appendix)A utility bill for $315 was paid.This activity is classified as A) operating. B) investing. C) financing. D) paying.
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Question

Quizplus · Accepted Answer

Utility bills are part of day-to-day business operations expenses and therefore classified as operating activities in the statement of cash flows.

(Appendix)A Utility Bill for $315 Was Paid