Log in

View Full Version : Statement of Cash Flow


tmcgee
Feb 17, 2009, 05:22 AM
In preparing a statement of cash flows, which of the following transactions would be considered an investing activity?

Sale of equipment at book value
Sale of merchandise on credit
Declaration of cash dividend
Issuance of bonds payable at a discount

hamzashakaa
Feb 17, 2009, 09:29 AM
Proceeds from sale of equipment