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Which of the following is considered a financing activity when preparing the statement of cash flows?

JulieCarde

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6 years ago

Which of the following is considered a financing activity when preparing the statement of cash flows?

Which of the following is considered a financing activity when preparing the statement of cash flows?
A) cash payment for the purchase of equipment
B) cash payment for extending credit to others
C) cash receipt from the sale of common stock
D) payment of interest on a bond issue

Textbook

Intermediate Accounting

Intermediate Accounting

Edition: 1^st

Authors: Gordon, Raedy, Sannella

Read 68 times

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