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Posted by on Friday, July 27, 2012 at 6:02pm.

Assume that a company purchases land for $100,000, paying $20,000 cash and borrowing the remainder with a long-term note payable. How should this transaction be reported on a statement of cash flows

  • accounting - , Friday, September 13, 2013 at 6:32pm

    Outflow investing activities (note), inflow investing activities (land), and outflow operating activities (cash).

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