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:

New Features

Refers to the additions or enhancements made to a product, service, or software application to improve functionality or user experience.

Buying And Selling

The basic components of trade, involving the exchange of goods or services for payment or barter.

Value Directly

The immediate impact or benefit that an action, service, or product brings to a consumer or business.

Information Systems

Integrated systems that collect, store, manage, and interpret data from various business activities.