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Which one of the following items is classified as an investing activity? A. Cash receipts from interest revenue B. Cash payments to purchase property C. Additional investment in the company by the owner
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Which one of the following items is classified as an investing activity? A. Cash receipts from interest revenue B. Cash payments to purchase property C. Additional investment in the company by the owner D. Receipts of cash from customers for payment on their accoun

User Alexey Trofimov
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1 vote

Answer:

Im going with B

Step-by-step explanation:

purchasing property is a investment because when you purchase a property later on it will increase in value if you add things to to it for example: you see a since 2 acre land for 120K and you buy it and make a house for 200K with the house built it would have a huge increase in value over time, hope it help!

User Fdelsert
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