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Which of the following transactions would be shown in the noncash investing and financing activities section of the statement of cash flows? Answers: A. borrowed

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

Answers:

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

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