State which of the following transactions are classified or shown as Operating Activity Cash Paid to Creditors
State which of the following transactions are classified or shown as Operating Activity:
(i) Cash Paid to Creditors
(ii) Cash received from Debtors
(iii) Interest on Bank Loan
(iv) Rent received
(v) Selling and Distribution Expenses
(vi) Purchase of Building
(vii) Wages and Salaries
(viii) Dividend Paid
Anurag Pathak Changed status to publish November 28, 2023
Solution:-
(i), (ii), (v), and (vii) are operating activities as these are the principle operating revenue-producing activities of the firm.
Anurag Pathak Changed status to publish November 28, 2023
