When a company purchases machines by issuing a long-term note payable for the entire amount, the transaction should be reported on the statement of cash flows in OA investing activities, the second section OB. operating activities, the first section. OC. financing activities, the third section. OD, not included in cash flow statement On October 1, a corporation had 200,000 shares of $4 par value common stock, and $1,000,000 of retained earnings. The corporation decides a 2-for-1 stock split. The general journal entry to rected this transaction in OA Retained namings (debit) and stock split (credit) On Retained eamings (debt) and common stock split distribution (credit) Oc. No journal entry OD. Retained eamings (debit) and common stock (credit)