In preparing a statement of cash flows, sale of treasury shares at an amount greater than cost would be classified as a/ an O a. investing activity. O b. operating activity. O c. extraordinary activity. O d. financing activity.

In preparing a statement of cash flows, sale of treasury shares at an amount greater than cost would be classified as a/ an O a. investing activity. O b. operating activity. O c. extraordinary activity. O d. financing activity.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter16: Statement Of Cash Flows

Section: Chapter Questions

Problem 2EB: In which section of the statement of cash flows would each of the following transactions be...

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In preparing a statement of cash flows, sale of treasury shares at an amount
greater than cost would be classified as a /an
O a. investing activity,
O b. operating activity.
O c. extraordinary activity.
O d. financing activity.
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