Which of the following sections from the cash flow statement would include the acquisition of a building by issuing ordinary shares?
A)The investing section
B)The non-cash investing and financing section
C)The financing section
D)The operating section

Question

Quizplus · Accepted Answer

The acquisition of a building by issuing ordinary shares is a non-cash transaction and would be reported in the non-cash investing and financing section of the cash flow statement.

Which of the Following Sections from the Cash Flow Statement