Moore Sales purchased some equipment for $50,000 by issuing a 6-month Note Payable. How would this transaction be shown on the statement of cash flows?
Answer: In the non-cash financing and investing activities section.
Moore Sales purchased some equipment for $50,000 by issuing a 6-month Note Payable. How would this transaction be shown on the statement of cash flows?
Answer: In the non-cash financing and investing activities section.
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