Cash received from issuing common stock would be classified in which section of the Statement of Cash Flows?

Question

Quizplus · Accepted Answer

Cash received from issuing common stock is a financing activity and would be classified in the financing section of the Statement of Cash Flows. This section shows the cash inflows and outflows related to financing activities, such as issuing and repurchasing of stocks, payment of dividends, and borrowings or repayments of loans.

Cash Received from Issuing Common Stock Would Be Classified in Which