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    Accounting Study Set 1
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    Exam 16: The Statement of Cash Flows
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    A Company Purchased Machinery by Issuing a Long-Term Note Payable
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A Company Purchased Machinery by Issuing a Long-Term Note Payable

Question 67

Question 67

True/False

A company purchased machinery by issuing a long-term note payable.This is an example of a non-cash investing and financing activity for the statement of cash flows.

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