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Dmitry_Shevchenko [17]
2 years ago
14

The issuance of notes payable for borrowing is classified in the statement of cash flows as a(n): Multiple Choice Operating acti

vity. Investing activity. Financing activity. Noncash activity.
Business
1 answer:
Harman [31]2 years ago
8 0

The transaction of the issuance of notes payable for borrowing will be classified in cash flows statement as a Financing activities.

Under the statement of Cash-flow, the financing activities section records all transactions that involves long-term liabilities, owner's equity etc.

  • Hence, the transaction of the issuance of notes payable for borrowing will be classified in cash flows statement as a Financing activities.

Therefore, the Option C is correct.

Read more about Cash-flow

<em>brainly.com/question/735261</em>

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What seems to be the main source of conflict between supervisors and the HR department at Sands Corporation? Explain.
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