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:

Mental Health

A state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, work productively, and is able to make contributions to their community.

Prenuptial Agreement

A contract formed between two persons who are contemplating marriage to provide for the division of their property in the event of divorce or death.

Contemplation Of Marriage

A state or period in which individuals consider and plan towards entering into matrimony, often involving pre-nuptial agreements or arrangements.

Compensatory Damages

Money awarded to a plaintiff to reimburse actual losses, expenses, or harm suffered due to the defendant's actions.