Which of the following would not be presented in the financing activities section of the statement of cash flows?
A)Purchased a new office building by issuing a note payable
B)Purchased treasury stock
C)Repayment of long-term bonds payable
D)Issuing of preferred stock

Question

Quizplus · Accepted Answer

The purchase of a new office building by issuing a note payable is a non-cash investing and financing activity and would be disclosed in a separate schedule or in the notes to the financial statements, not in the financing activities section.

Which of the Following Would Not Be Presented in the Financing