Which of the following transactions would be reported within the investing activities section of the cash flow statement?
A)The cash sale of a building at a loss.
B)The sale of a building in exchange for a parcel of land.
C)The exchange of a stock investment in order to retire a long-term debt.
D)The acquisition of treasury stock in exchange for cash.

Question

Quizplus · Accepted Answer

The cash sale of a building at a loss is reported within the investing activities section of the cash flow statement because it involves the sale of a long-term asset, which falls under investing activities.

Which of the Following Transactions Would Be Reported Within the Investing