Which of the following sections from the statement of cash flows would include the payment of a note payable by issuing common stock?

Question

Quizplus · Accepted Answer

The payment of a note payable by issuing common stock is a non-cash transaction and therefore is not included in the cash flow statement's operating, investing, or financing sections. Instead, it is typically disclosed in the notes to the financial statements or in a supplementary schedule.

Which of the Following Sections from the Statement of Cash