Which of the following transactions would be considered noncash investing and financing activities? _______ 1. Additional borrowing
Question:
_______ 1. Additional borrowing from bank.
_______ 2. Purchase of equipment with investments.
_______ 3. Dividends paid in cash.
_______ 4. Purchase of a building with a promissory note.
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Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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