Concept Introduction:
Organizational activities: Organizational activities are the activities that are performed to maintain the operation of a business. Financing, investing or operating activities are the three major organizational activities.
Operating activities: Operating activities include regular business activities such as cash received from sale of products, supplier payments, client servicing.
Investing activities: Investing activities are performed for buying and selling of assets such as building, machinery.
Financing Activities: Financing activities are performed for arranging or repaying, equity or debt such as payment of dividends, cash received from owner.
1.
To Describe: The given activities into Financing, investing or operating activities
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Fundamental Accounting Principles -Hardcover
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