Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. of which are these are operating, investing, finan

Of which are these are operating, investing, financing, and non-cash activities? Purchase of furniture for cash,...

50.1K

Verified Solution

Question

Accounting

Of which are these are operating, investing, financing, andnon-cash activities? Purchase of furniture for cash, deprecationexpense, new long-term loan for operations, proceeds from sale ofland, change in accounts payable, gain on sale of building,issuance of long-term notes payable, and conversion of bondspayable to common stock.

Answer & Explanation Solved by verified expert
3.9 Ratings (788 Votes)
Purchase of furniture for cash It is an investing activity since it involves acquisition of an asset deprecation expense It is an operating activity It is added to the net income while    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

               Are you approximately normal?      A study found that only 60% of all married women say that they would...

Physics
1.2K views

A wooden ring whose mean diameter is 14.5 cm is wound with a closely spaced toroidal...

General Management
1.2K views

What are the advantages and disadvantages to Siemens for being the 2nd to enter the market?

Biology
1.2K views

What is an anthropomorphic worldview? A) Is the belief that humans are the most important...

Biology
1.2K views

19 Using Figure 3 put the following steps of creating a transgenic organism in order...

Physics
1.2K views

A sequence x n with the z transform X z z z 22 2 3z...

Geometry
1.2K views

Find z 13 6 30 N 60 Write your answer in simplest radical form

Calculus
1.2K views

Calculate the cross product assuming that u x w 5 2 7 3u 3w x...

Accounting
1.2K views

The materials purchased during April on account are summarized from the receiving reports as follows:...

Accounting
1.2K views

An analyst was asked to predict the gross social benefits of building a public swimming...

Accounting
1.2K views

Congress defines gross income as except as otherwise provided, gross income means all income from...

Finance
1.2K views

please make sure it's the correct answer! Lindsey invested his savings in...