Which of the following would not appear in the Cash Flows from Investing Activities section of...
Which of the following would not appear in the Cash Flows from Investing Activities section of the statement of cash flows?
a.Purchase of land for $70,000 cash
b.Purchase of building for $20,000 cash and a $160,000 note payable
c.Sale of fully depreciated equipment with $5,000 salvage value for $5,000 cash
d.Cash paid to retire bonds, $2,000
Homework Answers
| Cash paid to retire bonds is shown under the financing |
| activities section of cash flow statement and doses not |
| appear in the cash flows from investing activities section. |
| Hence, the correct option is D. Cash paid to retire bonds, $2,000. |
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