Which of the following is an example of non-cash

investing and financing activity that must be disclosed separately?

A Purchase of asset by issue of equity shares (share swap) Correct Answer Incorrect Answer

B Cash paid to acquire an asset Correct Answer Incorrect Answer

C Cash received from sale of asset Correct Answer Incorrect Answer

D Cash dividends paid Correct Answer Incorrect Answer

Solution

Significant non-cash investing and financing transactions, such as acquiring an asset by issuing equity, are disclosed separately in the notes to the financial statements.

Practice Next

More Accounts Questions

Etawah Pilot Project was launched under the leadership of
Indian Head Patents Office is located in
What type of herbicides are designed to control or kill a wide range of weed species?
A biodiversity hotspot is a biogeographic region with significant levels of biodiversity that is threatened by human habitation. Which one of the follow...
Father of Plant Pathology in India is known as:
Breakeven point is determined by
Which one of the following is an animal-origin insecticide?
Number of segments present in insect head is
Numerous black fungal specks (microsclerotia) under epidermis give a “charcoal” appearance in soybean is due to a disease caused by
Oxidized Flavor development in milk is catalyzed by:

Thank You for posting your query. Please check your email for further guidance

Please Register/Login to Download Question