Question: In preparing a statement of cash flows, A the issue of shares to acquire land are reported as financing and investing, respectively. B an increase
In preparing a statement of cash flows,
A | the issue of shares to acquire land are reported as financing and investing, respectively. |
B | an increase in the Common Shares account during a period would be classified as an investing activity. |
C | the issue of debt should be reported separately from the retirement of debt. |
D | the net movement of loans and repayments are reported as a financing activity. |
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Thus correct answer is option C Statement of cash flows Statement of cash flows is a type of financi... View full answer
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