Quiz Ch 07 – Cash Flow Reporting for Equipment Acquisition with Note Payable and Down Payment

Financial Accounting

Thomas, Tietz, and Harrison

12th Edition

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What will the statement of cash flows report when equipment is acquired by issuing a note payable for $58,000 and making a down payment of $26,000?

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  • Search Terms: $, $,. a a: a) acquired activities and by cash down equipment financing flows for in inflow investing is issuing making note of operating outflow payable payment report section. section. b) section. c) section. d) statement the will
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