Answered

Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Join our Q&A platform and connect with professionals ready to provide precise answers to your questions in various areas. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

The issuance of notes payable for borrowing is classified in the statement of cash flows as a(n): Multiple Choice Operating activity. Investing activity. Financing activity. Noncash activity.

Sagot :

Tundexi

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

brainly.com/question/735261

Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.