Which of the Following Transactions Would Be Shown in the Non-Cash

question 95

Multiple Choice

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

• A) sold equipment with book value of $15,000 in exchange for $15,000 cash
• B) retired company bonds before the maturity date by paying a negotiated amount
• C) issued 50,000 shares of stock at $2 per share
• D) purchased land by signing a 10-year note for $500,000

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Definitions:

Active Transport

The movement of molecules across a cell membrane from a region of lower concentration to a region of higher concentration, requiring energy in the form of ATP.

Distal Convoluted Tubule

A portion of the nephron in the kidney where salt and water balance are regulated, and certain substances are reabsorbed into the blood.

Glucose

A basic form of sugar that serves as a crucial source of energy in living beings and forms a part of various carbohydrates.

Reabsorbed

The process by which substances are taken back into the bloodstream from the kidneys or other organs during filtration.