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Of the folowing which is Not classified as an investing activity on the statemen

ID: 2490585 • Letter: O

Question

Of the folowing which is Not classified as an investing activity on the statement of cash flows Sale of equipment for cash Purchasing land Collecting the principle on loans Selling goods and services Of the folowing which is Not classified as an investing activity on the statement of cash flows Sale of equipment for cash Purchasing land Collecting the principle on loans Selling goods and services Sale of equipment for cash Purchasing land Collecting the principle on loans Selling goods and services

Explanation / Answer

Selling of goods and services is an item of operating activities, thus it will not be classified as an investing activities.

Therefore answer will be Selling goods and services.

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