Which of the following are used to determine cash flows from financing activities?
A)Short-term debt,accrued liabilities,contributed capital,and notes payable.
B)Long-term debt,contributed capital,and retained earnings.
C)Short-term debt,accrued liabilities,retained earnings,and bonds payable.
D)Long-term debt,notes payable,interest expense,and bonds payable.

Question

Quizplus · Accepted Answer

Cash flows from financing activities are cash inflows and outflows related to the company's financing activities such as borrowing and repaying loans, issuing and repurchasing stock, and paying dividends. Long-term debt, contributed capital, and retained earnings are all items that would be used to determine cash flows from financing activities. The other options, short-term debt, accrued liabilities, notes payable, and bonds payable, may be used to determine cash flows from operating activities or investing activities.

Which of the Following Are Used to Determine Cash Flows