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The Purchase of $100,000 of Equipment by Issuing a Note

Question 49

Multiple Choice

The purchase of $100,000 of equipment by issuing a note would be reported:


A) as a $100,000 investing inflow,and a $100,000 financing outflow.
B) as a $100,000 investing outflow,and a $100,000 financing inflow.
C) as a $100,000 operating inflow,and a $100,000 financing outflow.
D) in a supplementary schedule.

Correct Answer:

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