PDA

View Full Version : Statement of Cash Flows


chuckeeebeee
May 9, 2007, 07:36 AM
Question: A company obtained a new building by issuing a combination of common stock and bonds payable. Regarding the statement of cash flows, how would this transaction be reported?
a. On a separate schedule accompanying the statement of cash flows
b. On a statement of cash flows as both an investing and financing activity
c. On a statement of cash flows as an investing activity, only
d. It would not be reported on the statement of cash flows
e. None of the above


I really need some help on this one. Thank you!

CaptainForest
May 9, 2007, 01:07 PM
Answer: D