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A company acquired a building, paying a portion of the purchase price in cash and issuing a mortgage note payable to the seller for the
A company acquired a building, paying a portion of the purchase price in cash and issuing a mortgage note payable to the seller for the balance. In a statement of cash flows, which of these amounts would be included in financing activities?
Cash payment
Acquisition price
Mortgage amount
None of these choices is correct.
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
