QS $16-4$ Identifying non$-$cash transactions LO$3$

Identify which of the following are non$-$cash financing and investing transactions.

Long$-$term bonds were retired by issuing common shares.

Recorded depreciation expense on the building.

A $3$:$2$ share split was declared.

A cash dividend was declared and paid.

Merchandise was sold on credit.

Property, plant, and equipment items were acquired by borrowing from the bank.

Borrowed cash from the bank and signed a long$-$term note payable.

Property taxes owed to the city were accrued.