Which of the Following Transactions Would Be Shown in the Noncash

question 99

Multiple Choice

Which of the following transactions would be shown in the noncash investing and financing activities section of the statement of cash flows?

• A) Sold equipment with book value of $4,000 in exchange for $1,000 cash and a $3,000 note
• B) Settled a long-term note payable by issuing common stock
• C) Issued 10,000 shares of stock at $5 per share
• D) Purchased land for a $20,000 down payment and a mortgage note for $180,000

Understand the concept of a "global village" and the factors contributing to its formation.

Compare and contrast the features of modern and postmodern societies.

Describe the stages of social movements and the factors leading to their conclusion.

Analyze the role of social media in the development and spread of social movements using specific examples.

---

Definitions:

Properly Packaged

Items or products are wrapped or contained in an appropriate manner to ensure safety, quality, and compliance with regulations.

Implied Warranty

A legal term for the guarantee or promise that a product will meet a minimum level of quality and functionality without being explicitly stated.

Particular Purpose

In a legal context, this refers to a specific use for which a product or service is intended or for which it is being sold to a consumer, who relies on the seller’s expertise.

Merchantability

A guarantee that a product will meet reasonable expectations of quality and usability for its intended purpose when sold.