Cash received from the issuance of capital stock is classified in which section of the statement of cash flows?

Name: Cash received from the issuance of capital stock is classified in which section of the statement of cash flows?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cash received from issuance of capital stock is a source of financing, as it represents funds obtained from shareholders to finance the company's operations or investments. Therefore, it should be classified in the financing section of the statement of cash flows.

Cash Received from the Issuance of Capital Stock Is Classified