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Alexis Michelle
on Oct 14, 2024

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The issue of shares to purchase non-current assets will be disclosed:

A) as a financing activity.
B) as an investment activity.
C) as both a financing and investment activity.
D) in the note disclosure to the statement of cash flows.

Non-Current Assets

Assets that are expected not to be converted into cash within a year and are long-term resources of a company, such as property, plant, and equipment.

Shares

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.

  • Identify and classify various types of cash flows: operating, investing, and financing activities.
  • Recognize the treatment and disclosure of non-cash transactions in the statement of cash flows.
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ashwandeep kauraOct 17, 2024
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