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tivo tivo
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7 years ago
A purchase of new equipment on a note payable under the direct method would be reported:
A) as a separate disclosure as a non-cash transaction.
B) in the investing section of the cash flow statement.
C) in the operating section of the cash flow statement.
D) in the financing section of the cash flow statement.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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tivo Author
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#2
7 years ago
I appreciate it once again, answered correctly
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