Question

Which of the following transactions would be reported in the cash flows from investing activities section...

Which of the following transactions would be reported in the cash flows from investing activities section in the statement of cash flows for the Harlem Company?

Harlem sold a piece of land for $600,000.

Harlem borrowed $3,000,000

Harlem issued common stock for $700,000 to investors.

Harlem paid a cash dividend to its shareholders.

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Answer #1
Option A

Harlem sold a piece of land for 600,000

All the other transactions are from Financing Activities section of cash flow statement

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