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Dali Designs purchased a new stucio tor $75,000. Dali paid 529,000 as a cash down-payment and signed a long-term mortgage payable tor the remainder. How
Dali Designs purchased a new stucio tor $75,000. Dali paid 529,000 as a cash down-payment and signed a long-term mortgage payable tor the remainder. How would this transaction be reflected on the Statement of Cash Flows under the indirect method? A $75,000 outflow of cash in the financing section A 29,000 outtlow or cash In the Investing section and a46,000 outow ot cash in the rinancing section A $29,000 outlow of cash in the financing section A $29,000 outflow of cash in the investing
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