When Preparing a Funds Statement Using the All Financial Resources $\quad$

Multiple Choice

When preparing a funds statement using the all financial resources concept, the retirement of long-term debt by the issuance of common stock should be presented in a statement of changes in financial position as a
Source of Funds $\quad$ Use of Funds

A) No $\quad$ No
B) No $\quad$ Yes
C) Yes $\quad$ No
D) Yes $\quad$ Yes