Question 4 (2 points) Accountants are responsible for measuring various operating, investing and financing activities. Which of the following correctly matches the activity with its type? Operating - paying dividends to stockholders. Financing - selling equipment for cash. Investing - paying utilities for the month. Investing - purchasing land.
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Paying dividends to stockholders is not an operating activity, but a financing activity. Financing activities involve obtaining funds for the business, such as issuing stocks or bonds, or borrowing money. Selling equipment for cash is a financing activity, as it Show more…
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