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Business, 21.12.2020 17:40 yaneli0717
Strawbale, Inc. purchases a $600,000 building, paying $400,000 in cash and signing a $200,000 promissory note. What will be reported on the statement of cash flows as a result of this transaction?A. A $600,000 cash outflow from investing activitiesB. A $400,000 cash outflow from investing activities and a $200,000 cash inflow from financing activitiesC. A $400,000 cash outflow from investing activities and a $200,000 noncash transactionD. A $600,000 cash outflow from investing activities and a $200,000 cash inflow from financing activities
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Strawbale, Inc. purchases a $600,000 building, paying $400,000 in cash and signing a $200,000 promis...
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