Question
KAJ Incorporated purchased a machine costing $257,000 by paying $40,600 and signing a $216,400 note payable. How would this transaction be reported within the cash
KAJ Incorporated purchased a machine costing $257,000 by paying $40,600 and signing a $216,400 note payable.
How would this transaction be reported within the cash flow from investing activities section of the cash flow statement?
An outflow of $216,400.
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3 1/2 IRS Audit Red Flags That Trigger 99% Of All IRS Audits Tax Houdini How To Cut Taxes Without Provoking An Audit
Authors: Dean Q Wynn, Sam L Milledge, Altaf Adam, Samuell L Milledge II, Eric T McFerren
1st Edition
1985081199, 978-1985081192
