Business, 13.08.2019 06:10 SL10355

Mountain water corp. issued common stock of $28,000 to pay off long-term notes payable of $28,000. in what section(s) would these transactions be recorded?
a) financing activities payment of note, $(28,000)
b) financing activities cash receipt, $28,000
c) non-cash investing and financing activities, $28,000
d) both a and b are correct

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Mountain water corp. issued common stock of $28,000 to pay off long-term notes payable of $28,000. i...

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