Land acquired from the issuance of common stock is reported
as a financing activity.
in a separate schedule at the bottom of the statement.
as an investing activity.
as an operating activity.
3Multiple Choice Question 151
The information to prepare the statement of cash flows usually comes
from each of the following except
the comparative balance sheet.
the current income statement.
the retained earnings statement.
additional information.
4Multiple Choice Question 46
The statement of cash flows will not report the
amount of checks outstanding at the end of the period.
change in the cash balance for the current period.
sources of cash in the current period.
uses of cash in the current period.
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