Which of the following transactions would be shown in the non-cash investing and financing activities section of the statement of cash flows?

A) sold equipment with book value of $6,500 in exchange for $6,500 cash
B) settled a long-term note payable by issuing common stock
C) issued 20,000 shares of stock at $4 per share
D) purchased land for $30,000 cash


B

Business

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