A to Z Corporation engaged in the following transaction\"Purchased a building fo

Question

A to Z Corporation engaged in the following transaction"Purchased a building for $80,000 cash." On the Statement of CashFlows, the transaction would be classified as __________.
a. Cash Flows from Operating Activities. b. Cash Flows from Investing Activities. c. Cash Flows from Financing Activities A to Z Corporation engaged in the following transaction"Purchased a building for $80,000 cash." On the Statement of CashFlows, the transaction would be classified as __________.
a. Cash Flows from Operating Activities. b. Cash Flows from Investing Activities. c. Cash Flows from Financing Activities

Explanation / Answer

the answer is a, had it been purchased land it would be b, b/c land value appreciates in value while building depreciates in value

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