Vidyalelo
Commerce · Q841

Costing

Graduate and Post Graduate · Commerce · question 841

Q841

The purchase of machinery by issuing long-term notes payable should be reported as a

A.
non-cash investing and financing activity
Answer
B.
cash outflow in the operating activity
C.
cash outflow in the investing activity
D.
cash outflow in the financing activity

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board