The acquisition of a building by issuing bonds would be considered an investing and financing activity that did not affect cash.

Name: The acquisition of a building by issuing bonds would be considered an investing and financing activity that did not affect cash.
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Question

Quizplus · Accepted Answer

The acquisition of a building by issuing bonds does not involve the immediate outflow or inflow of cash, thus it is considered a non-cash investing and financing activity.

The Acquisition of a Building by Issuing Bonds Would Be