Quick accounting question (1 Viewer)

[Rayanaldo]

1.) If rent was paid in cash, would it be an operating, investing or financing activity?

Sorry for the silly question. I'm pretty good at cash flow statements but the rent payment confuses me a bit.

Thanks.

 

[hatty]

i say operating.

 

[Korn]

1.) If rent was paid in cash, would it be an operating, investing or financing activity?

Sorry for the silly question. I'm pretty good at cash flow statements but the rent payment confuses me a bit.

Thanks.

I would also have to say operating

 

[Rayanaldo]

Ok thanks.