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Holly, Jolly is preparing a Cash Flow statement and wants to know how to report the cash received on a Note Receivable in the Statement?

Holly, Jolly is preparing a Cash Flow statement and wants to know how to report the cash received on a Note Receivable in the Statement?

Multiple Choice

  • Cash inflow from financing activities

  • Schedule of noncash investing and financing activities

  • Cash inflow from investing activities

  • Cash inflow from operating activities

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