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Which of the following transactions would be shown in the non−cash investing and financing activities section of the statement of cash? flows?

A. borrowed? $32,000 cash on a Note Payable

B. sold equipment with book value of? $8,000 in exchange for? $8,000 cash

C. issued? 15,000 shares of stock at? $3 per share

D. purchased a building in exchange for? 20,000 shares of Common Stock.

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91964036

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