Question: Please answer with explanation, if you are 100% sure (8) Zack is an employee of company abc. He bought an equipment for office by issuing
Please answer with explanation, if you are 100% sure
(8) Zack is an employee of company abc. He bought an equipment for office by issuing shares to the vendor. The accountant would record this transaction on cash flow as: (a) Purchase of equipment under investing activities section. (b) Issue of shares under financing activities section. (c) Both a and b. (d) None of the above
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