Financing Activities. Financing activities are transactions or business events that affect long-term liabilities and equity. In other words, financing activities are transactions with creditors or investors used to fund either company operations or expansions. These transactions are the third set of cash activities displayed on the statement of cash flows.
1 High ranking priests and the Pharaoh sometimes wore leopard skin cloaks over their shoulders. 2  The Egyptians considered the leopard to be a sacred animal. 3  Children didn't wear any clothing until they turned six years old. 4  Ancient Egyptian priests shaved their heads.
The two kingdoms of Upper and Lower Egypt were united c. 3000 BC, but each maintained its own regalia: the hedjet or White Crown for Upper Egypt and the deshret or Red Crown for Lower Egypt. Thus, the pharaohs were known as the rulers of the Two Lands, and wore the pschent, a double crown, each half representing sovereignty of one of the kingdoms. Ancient Egyptian tradition credited Menes, now believed to be the same as Narmer, as the king who united Upper and Lower Egypt.