Which of the Following Is Not a Source of Cash

question 30

Multiple Choice

Which of the following is not a source of cash?

• A) Sale of equipment below book value at a loss
• B) Issuance of bonds payable below par value at a discount
• C) Declaration of a cash dividend to be paid in the next accounting period
• D) Collection of a long-term note receivable from a customer

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Definitions:

Liberty

The condition in society where one faces no oppressive limitations from authorities on their lifestyle, conduct, or political stances.

Latin American Nations

Countries in the Americas where Romance languages (predominantly Spanish and Portuguese) are spoken, sharing related cultures and historical ties.

Indians

Term historically used to refer to the indigenous peoples of the Americas; now considered outdated and replaced with "Native Americans" or "American Indians."

Free Blacks

African Americans who were not enslaved before the abolition of slavery, living in both the Northern and Southern United States.