The payment of interest on a note payable is classified on the statement of cash flows as

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The payment of interest on a note payable is classified on the statement of cash flows as a(n)

(a) operating activity.

(c) financing activity.

(b) investing activity.

(d) schedule of noncash investing and financing activities.

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College Accounting Chapters 1-15

ISBN: 12

19th Edition

Authors: James A Heintz, Robert W Parry

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Question Posted: May 27, 2024 02:15 AM

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The payment of interest on a note payable is classified on the statement of cash flows as

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College Accounting Chapters 1-15

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