12-Which of the following transactions does not involve the movement of cash? A.the redemption of shares B. a bonus issue of shares c. a rights issue of shares

QUESTION 12 When using the indirect method to determine operating cash flows, how would the retirement of bonds payable at their maturity date be shown on the statement of cash flows? a. an investing activity b. not reported on the statement of cash flows c. a noncash investing and financing activity d. an operating activity e. a financing activity

For cash dividends, the journal entry on the date of recorda. debits Retained Earnings and credits Dividends Payable.b. debits Dividends Payable and credits Cash.c. debits Dividends and credits Cash.d. No journal entry is required on the date of record

Q.7(a): What are extraordinary items? How are they shown on the income statement? Q.7(b): Give three examples of unusual or infrequent items that are disclosed separately. Define Stock Spilt.