The purchase of $112,000 of equipment by Issulng a note would be reported: Multiple Cholce In a supplementary schedule. as a $112.000 operating inflow, and a $12.000 financing outflow. as a S12.000 investing outflow, and a $112.000 financing Inflow. as a $12.000 investing inflow, and a $112,000 financing outflow.
The purchase of $112,000 of equipment by Issulng a note would be reported: Multiple Cholce In a supplementary schedule. as a $112.000 operating inflow, and a $12.000 financing outflow. as a S12.000 investing outflow, and a $112.000 financing Inflow. as a $12.000 investing inflow, and a $112,000 financing outflow.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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