A statement of cash flows would NOT disclose the effect of which of the following transactions?
A)Stock dividends declared
B)Bonds payable issued
C)Purchase of treasury stock
D)Capital stock issued to acquire fixed assets

Question

Quizplus · Accepted Answer

Stock dividends declared do not involve the use or receipt of cash, so they would not be included in a statement of cash flows. The other options involve cash inflows or outflows that would be disclosed in the statement.

A Statement of Cash Flows Would NOT Disclose the Effect