When a company issues new shares of common stock, which of the following is the correct reporting on the statement of cash flows? A source of cash in the financing section   A use of cash in the financing section   A source of cash in the investing section   A use of cash in the investing section

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter11: Stockholders' Equity
Section: Chapter Questions
Problem 11.19E
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44When a company issues new shares of common stock, which of the following is the correct reporting on the statement of cash flows?

A source of cash in the financing section
 
A use of cash in the financing section
 
A source of cash in the investing section
 
A use of cash in the investing section
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