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Reporting and Analyzing Cash Flows
?
A company issued common shares for land valued at $450,000. The transaction would be reported on:
a statement of cash flows as both an investing and financing activity
a statement of cash flows as an investing activity, only
a separate schedule accompanying the statement of cash flows
a statement of retained earnings
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (C)
a separate schedule accompanying the statement of cash flows
Related MCQs
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Which of the following activities is an operating activity?
?
Which of the following activities would not be reported as an investing activity on a statement of cash flows?
?
Which of the following is an investing activity?
?
Which of the following events represents an investing activity on a statement of cash flows?
?
Which of the following activities IS NOT an investing activity?
?
Which of the following activities would NOT be considered a financing activity?
?
Which of the following activities would NOT be reported on a schedule of noncash investing and noncash financing activities?
?
A company issued common shares for land valued at $450,000. The transaction would be reported on:
?
Which of the following transactions would NOT be reported on a statement of cash flows?
?
Which of the following IS NOT a step in preparing the statement of cash flows?
