All of the following would be reported in the financing activities section under the direct method statement of cash flows EXCEPT:
A)issuing common stock.
B)paying a cash dividend.
C)purchasing treasury stock.
D)issuing a stock dividend.

Question

Quizplus · Accepted Answer

Issuing a stock dividend would be reported as a financing activity under the indirect method, but it would not be reported in the financing activities section under the direct method.

All of the Following Would Be Reported in the Financing