Operating activities Investing activities Financing activities Schedule of Non -

Question

Operating activities Investing activities Financing activities Schedule of Non - Cash Transactions Not included in the Statement of Cash Flows__________ 1. Purchased land for cash.________ 2. Declared a cash divided.__________ 3. Paid a previously declared cash dividend.___________ 4. Issued capital stock for a new machine.__________ 5. Borrowed cash on a short-term note.__________ 6. Borrowed cash on a long-term note.__________ 7. Purchased treasury stock for cash.___________ 8. Paid interest on a note payable.____________ 9. Purchased stock in another company

Explanation / Answer

1 B 6 C

2 C 7 A

3 C 8 A

4 B 9 C

5 C 10 C

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