Which of the following transactions would be reported within the financing activities section of the cash flow statement?

A) An issue of preferred stock in exchange for a parcel of land.
B) The accrual of a cash dividend.
C) The cash payment of interest associated with bonds payable.
D) The sale of treasury stock for cash.

The sale of treasury stock for cash is a financing activity, as it involves the company raising cash by selling its own stock. A is incorrect because an issue of preferred stock in exchange for a parcel of land is a non-cash transaction and would not be reported in the cash flow statement. B is incorrect because the accrual of a cash dividend does not involve actual cash transactions and would not be reported in the cash flow statement. C is incorrect because the cash payment of interest associated with bonds payable would be reported in the operating activities section of the cash flow statement.