Using the letters (A-D), indicate in which section(s) of the statement of cash flows (or accompanying schedule) the preceding items w most likely be classified Depreciation Expense A Investing and Financing Activities NOT affecting cash ,Decrease in accounts payable B. Cash Flows from Investing Activities Conversion of bonds to common stock Payment of dividends declared last fiscal year Proceeds from issuance of short-term note payable, NOT C. Net cash flows from operating activities D. Cash Flows from Financing Activities relating to operating activities : Payment for purchase of a building Bond Premium amortization under the effective interest method Issuance of common stock to convert bonds payabl Moving to another question will save this response. : Question 3 of 14 O Type here to search