Cornerstones of Financial Accounting
4th Edition
ISBN: 9781337690881
Author: Jay Rich, Jeff Jones
Publisher: Cengage Learning
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Which of the following transaction is considered an investing activity when preparing a
A. Issuing ordinary shares
B. Payment to creditors
C. Purchase of non-current assets
D.Redemption of ordinary shares.
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- Which is the proper order of the sections of the statement of cash flows? A. financing, investing, operating B. operating, investing, financing C. investing, operating, financing D. operating, financing, investingarrow_forwardWhich of these transactions would be part of the financing section? A. inventory purchased for cash B. sales of product, for cash C. cash paid for purchase of equipment D. dividend payments to shareholders, paid in casharrow_forwardWhich of the following financial statements should be prepared first? A. Balance Sheet B. Income Statement C. Retained Earnings Statement D. Statement of Cash Flowsarrow_forward
- On which financial statement would the Dividends account appear? A. Balance Sheet B. Income Statement C. Retained Earnings Statement D. Statement of Cash Flowsarrow_forwardWhich of the following represents a source of cash in the investing section? A. sale of investments B. depreciation expense C. decrease in accounts receivable D. decrease in bonds payablearrow_forwardWhich of the following types of transactions would be reported as a cash flow from investing activity on the statement of cash flows? Group of answer choices issuance of bonds payable issuance of capital stock purchase of treasury stock purchase of noncurrent assetsarrow_forward
- In preparing a statement of cash flows, which of the following transactions would be considered an investing activity? a. Issuance of bonds payable at a discount b. Sale of an operating segment c. Issue of share capital d. Purchase of treasury sharesarrow_forwardWhich of the following is included in the cash flows from financing activities section of the statement of cash flows? O A. Interest received from borrowers.O B. Purchase of stock in another company.O C. Purchase of treasury stock.O D. Interest paid to lenders.arrow_forwardOn the statement of cash flows, the cash flows from investing activities section would include a. payments for retirement of bonds payable b. receipts from the issuance of common stock c. payments for dividends d. receipts from the sale of investmentsarrow_forward
- Which of the following would be included in cash flows from investing activities? Select one: a. Cash used to purchases of equipment b. Cash proceeds from sales c. Cash received from an issuance of bonds d. Dividends paid to stockholders PreviousSave AnswersNextarrow_forward14. Which of the following would be classified as a financing activity on a statement of cash flows? Sale of a loan receivable Payment of interest to a creditor Payment of a bond payable Declaration and distribution of a stock dividendarrow_forwardOn the statement of cash flows, the cash flows from investing activities section would include a.payments for dividends b.payments for the retirement of bonds payable c.receipts from the issuance of common stock d.receipts from the sale of investmentsarrow_forward
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