Preston Corp. acquires a piece of land by signing a $60,000 promissory note and making a down
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Preston Corp. acquires a piece of land by signing a
$60,000 promissory note and making a down payment of $20,000. How should this transaction be reported on the statement of cash fl ows?
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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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