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Bens Big Bank approved a local farmer, John Smith, for a small business loan and had deposited the principal amount in John Smiths bank account
Bens Big Bank approved a local farmer, John Smith, for a small business loan and had deposited the principal amount in John Smiths bank account last week. Which type of cash flow would that small business loan deposit be categorized as on John Smiths Statement of Cash Flows?
Group of answer choices
a. Operating
b. Financing
c. Investing
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