Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

13. Statement of Cash Flows

Significant Noncash Activities

Financial Accounting

13. Statement of Cash Flows

Significant Noncash Activities

Previous problemNext problem

Struggling with Financial Accounting?

Join thousands of students who trust us to help them ace their exams!Watch the first video

Multiple Choice

Which of the following items is classified as a noncash investing and financing activity?

Purchase of inventory with cash

Collection of accounts receivable

Payment of cash dividends to shareholders

Issuance of common stock to purchase equipment

Previous problemNext problem

Verified step by step guidance

Understand the concept of noncash investing and financing activities: These are transactions that do not involve cash but are significant enough to be disclosed in the financial statements. Examples include exchanging assets or issuing stock to acquire assets.

Review the options provided in the problem: Analyze each option to determine whether it involves cash or qualifies as a noncash investing and financing activity.

Option 1: Purchase of inventory with cash - This involves cash and is classified as an operating activity, not a noncash investing or financing activity.

Option 2: Collection of accounts receivable - This involves cash inflow and is classified as an operating activity, not a noncash investing or financing activity.

Option 3: Issuance of common stock to purchase equipment - This does not involve cash and represents a noncash investing and financing activity because stock is issued in exchange for equipment.