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

question 79

Multiple Choice

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

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

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Definitions:

Synapse

The junction between two neurons or a neuron and a muscle, through which nerve impulses pass.

Otto Loewi

Otto Loewi was an Austrian-German pharmacologist who won the Nobel Prize for Medicine in 1936 for his discovery of the chemical transmission of nerve impulses.

Neurotransmitter

Chemical substances that transmit signals across a synapse from one neuron to another in the nervous system.

Receptors

Proteins found inside or on the cell surface that respond to specific chemical signals by initiating a cellular response.