Question

Which of the following would not be found in a schedule of noncash investing and financing activities, reported at the end of a statement of cash flows? bonds payable exchanged for capital stock purchase of treasury stock equipment acquired in exchange for a note payable capital stock issued to acquire fixed assets

Answer 1

Answer:

purchase of treasury stock

Explanation:

The schedule of noncash investing and financing activities means the activities that belong from the investing and financing section but they are not in cash. In other words, no cash transaction is taken place

Its examples like bond payable is exchange for capital stock, stock is purchased is exchange of note payable etc

So as per the given situation, the above should be the answer