Find true statement(s): Payment of a 5% stock dividend will not appear in the statement of cash flows. Depreciation expense decreases net income but…

Find true statement(s):I. Payment of a 5% stock dividend will not appear in the statement of cash flows.II. Depreciation expense decreases net income but is not a use of cash.a. I onlyb. II onlyc. Both I and IId. Neither is true

Find true statement(s):I. Payment of a 5% stock dividend will not appear in the statement of cashflows.II. Depreciation expense decreases net income but is not a use of cash.a. I onlyb. II…

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