On the statement of cash flows, the cash flows from financing activities section would include all of the following except
A) receipts from the sale of bonds payable
B) payments for dividends
C) payments for purchase of treasury stock
D) payments of interest on bonds payable

Question

Quizplus · Accepted Answer

The cash flows from financing activities section of the statement of cash flows would include receipts from the sale of bonds payable, payments for dividends, and payments for purchase of treasury stock. However, payments of interest on bonds payable would be reported under the cash flows from operating activities section as it represents an expense of the company's ongoing operations.

On the Statement of Cash Flows, the Cash Flows from Financing