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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
Which of the following transactions would be shown in the non-cash investing and financing activities section of the statement of cash flows?
A) purchased a building in exchange for 20,000 shares of common stock
B) issued 15,000 shares of common stock at $3 per share
C) sold equipment with book value of $8,000 in exchange for $8,000 cash
D) borrowed $32,000 cash on a note payable
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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Posts: 2227
7 years ago
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H3Ko Author
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7 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
wrote...
7 years ago
Happy to help Smiling Face with Open Mouth
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