Kordel Company pays $15,200 relating to its installment note payable; of this amount $9,000 represents interest. In
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Kordel Company pays $15,200 relating to its installment note payable; of this amount $9,000 represents interest. In Kordel's statement of cash flows, this payment should be reported as (Select all that apply.) Multiple select question. operating activity outflow of $9,000. financing activity outflow of $6,200. operating activity outflow of $15,200. financing activity outflow of $15,200.
Related Book For
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
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