Investing and Financing Activities A company borrowed $100,000 from its bank and the next day used $80,000
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Investing and Financing Activities A company borrowed $100,000 from its bank and the next day used $80,000 of the cash from the loan to buy a new piece of equipment for its plant. Explain how each of those activities is reported on a statement of cash fl ows.
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Related Book For 
Using Financial Accounting Information The Alternative To Debits And Credits
ISBN: 9780538452748
7th Edition
Authors: Curtis L. Norton, Gary A. Porter
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