Which of the following transactions is not reflected in a statement of cash flows?
A) sale of treasury stock
B) declaration of a stock dividend
C) purchase of foreign subsidiary with cash
D) issuance of convertible bonds
E) purchase of equipment with cash

Question

Quizplus · Accepted Answer

The declaration of a stock dividend does not involve a cash transaction and therefore is not reflected in the statement of cash flows.

Which of the Following Transactions Is Not Reflected in a Statement