Partisan Services purchased 10 delivery vehicles by issuing a 10- year instalment bill payable for
$320 000. This transaction would be shown in the investment section of the cash flow statement.

Question

Quizplus · Accepted Answer

This transaction would be shown in the financing section of the cash flow statement, as it involves a long-term liability rather than an investment.

Partisan Services Purchased 10 Delivery Vehicles by Issuing a 10-