Noncash investing and financing transactions
A)appear as a separate schedule on the statement of cash flows.
B)appear in either the investing or financing activities section,but not both.
C)are excluded from the statement of cash flows.
D)appear in both the investing and financing activities sections.

Question

Quizplus · Accepted Answer

Noncash investing and financing transactions are reported as a separate schedule on the statement of cash flows. This schedule shows the details of these transactions and their effects on the company's cash and cash equivalents. Examples of noncash transactions include the issuance of shares in exchange for assets or the acquisition of a company through the assumption of debt.

Noncash Investing and Financing Transactions