In the statement of cash flows,the purchase of supplies is classified as:
A)Operating activities.
B)Financing activities.
C)Investing activities.
D)This would not appear on a statement of cash flows.

Question

Quizplus · Accepted Answer

The purchase of supplies is a part of the day-to-day operations of a business, hence it is considered as an operating activity and is included in the operating section of the statement of cash flows.

In the Statement of Cash Flows,the Purchase of Supplies Is