Occasionally, companies engage in important investing and financing activities which do not affect cash. If the amount of the transaction is significant, how should it be disclosed when financial statements are prepared?
a. In the investing section if the amount of investing activities are greater than the financing activities amount.
b. In the financing section if the amount of financing activities are greater than the investing activities amount.
c. In a note to the financial statements or in a supplemental schedule.
d. The transaction does not need to be disclosed.
c
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