Give examples of non-cash investing and financing transactions and state how they are reported.

Question:

Give examples of non-cash investing and financing transactions and state how they are reported.

Disclosing Non-Cash Investing and Financing Activities:

A statement of cash flow is a summary statement of cash flow from operating, investing and financing activities. However, some transactions occur during the year where no cash is exchanged. Those are known as non-cash investing and financing transactions.

Answer and Explanation: 1

Become a Study.com member to unlock this answer!

View this answer


Examples of Non-cash investing and financing activities;


Non-cash investing and financing activities involve exchange of assets or liabilities for...

See full answer below.


Learn more about this topic:

Loading...
Disclosing Non-Cash Investing and Financing Activities

from

Chapter 12 / Lesson 1
13K

Understanding how to disclose non-cash investing and financing activities is crucial. Discover how disclosures occur, how to report them, and why it's essential to become familiar with them.


Related to this Question

Explore our homework questions and answers library