Which of the following activities is NOT an investing activity? （ ）
A: purchasing plant assets
B: purchasing an investment
C: borrowing money
D: collecting the principal of a note receivable
A: purchasing plant assets
B: purchasing an investment
C: borrowing money
D: collecting the principal of a note receivable
举一反三
- Which of the following transactions would be recorded under accrual-basis accounting but NOT under cash-basis accounting? A: Borrowing money from the bank. B: Collecting cash from customers. C: Issuing stock for cash. D: Purchasing of inventory on account.
- Which of the following represents an investing activity in the statement of cash flows? () A: Sale of inventory B: Depreciation of automobile C: Sale of plant assets at a loss D: Stock dividends
- Which of tile following does not belong to current assets A: cash B: account payable C: account receivable D: note receivable
- Which of the following belongs to the current assets? A: long-term investment B: plant and equipment C: intangible assets D: inventory
- Which of following is classified as part of ‘investing activities’ in the statement of cash flows? A: gain on sale of investments B: depreciation of non-current assets C: proceeds from an issue of shares D: acquisition of non-current assets