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

question 72

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 $8,000 in exchange for $8,000 cash
• B) borrowed $32,000 cash on a note payable
• C) issued 15,000 shares of common stock at $3 per share
• D) purchased a building in exchange for 20,000 shares of common stock

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Definitions:

Incentive Approaches

Theories of motivation in which behavior is explained as a response to the external stimulus and its rewarding properties.

Internal Stimuli

Signals originating from within the body that influence feelings, thoughts, or behaviors, such as hunger, pain, or internal emotional states.

Innate Patterns

Fixed sequences of behavior or instincts present in animals from birth, not learned from experience, and manifest under certain conditions to ensure survival.

Biologically Determined

Characteristics or behaviors that are influenced by genetic makeup or inherent in the biology of an organism.