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    Financial Accounting Study Set 26
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    Exam 9: The Statement of Cash Flows
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    Under ASPE the Payment of Principal and Interest on a Loan
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Under ASPE the Payment of Principal and Interest on a Loan

Question 1

Question 1

True/False

Under ASPE the payment of principal and interest on a loan would be reported in the investing activities section of a statement of cash flows.

Correct Answer:

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