Which of the following sections from the statement of cash flows would include the acquisition of a building by issuing common stock?
A) The investing section
B) The financing section
C) The operating section
D) The noncash investing and financing section

Question

Quizplus · Accepted Answer

The acquisition of a building by issuing common stock is a noncash transaction that affects both investing and financing activities but does not involve actual cash flows. Therefore, it is reported in the noncash investing and financing section of the statement of cash flows.

Which of the Following Sections from the Statement of Cash