#yororony roynos 3) All of the following are examples of long-term liabilities except: Mortgage payable Bonds Notes payable Account payable 4) Which of the following is classified among the financing activities in a statement of cash flows? Cash receipt from the sale of goods and services Cash receipt from issuing of own stock Cash payment to purchase long-term assets Cash payment of income taxes 5) When a corporation issues capital stock at a price higher than the par value: The amount received over par value increases retained earnings. The entire issue price is credited to the Capital Stock account. The amount received in excess of par value constitutes profit to the issuing corporation The amount received in excess of par value becomes part of paid-in capital