Which of the following represents an inflow of cash and therefore would be reported on the statement of cash flows?
A) retirement of bond payable
B) acquisition of treasury stock
C) declaration of stock dividends
D) issuance of long-term debt

Question

Quizplus · Accepted Answer

Issuance of long-term debt results in an inflow of cash and is reported on the statement of cash flows.

Retirement of bond payable, acquisition of treasury stock, and declaration of stock dividends are all outflows of cash and would be reported on the statement of cash flows as a use of cash.

Which of the Following Represents an Inflow of Cash and Therefore