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Loans may represent an outflow of funds in a temporary payment to an employee. If booked by a company, the records would indicate Multiple Choice

Loans may represent an outflow of funds in a temporary payment to an employee. If booked by a company, the records would indicate Multiple Choice a debit to Loans Payable. a cash flow out in the investing section of the Cash Flow Statement. a credit to Loans Receivable. a cash flow out in the financing section of the Cash Flow Statement

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