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q8...9 pls answer both pls Question 8 When a company purchases machines by issuing a long-term note payable for the entire amount the transaction should
q8...9 pls answer both pls
Question 8 When a company purchases machines by issuing a long-term note payable for the entire amount the transaction should be reported on the statement of cash flows in O A investing activities the second section. O B. not included in cash flow statement O c financing activities the third section. @ D. operating activities, the first section. Question 9 The corporate form of business has all the following advantages EXCEPT: O A Separate legal entity. O B. The life of a corporation is unlimited and ease of capital accumulation. O C. No mutual agency for stockholders O D. Stockholders have unlimited liabiliyStep by Step Solution
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