Cash paid for which of the following activities would affect the amount reported for operating cash flows in the statement of cash flows?
A)Issuing common stock.
B)Paying dividends.
C)Paying electricity bill for the month.

Question

Quizplus · Accepted Answer

Paying the electricity bill for the month is considered an operating activity because it relates to the primary operations of the business, such as costs for lighting, heating, and powering equipment.

Cash Paid for Which of the Following Activities Would Affect