Question
Question 14 (1 point) Strawbale. Incorporated purchases a $600,000 building, paying $400,000 cash and signing a $200,000 promissory note. What will be reported on the
Question 14 (1 point) Strawbale. Incorporated purchases a $600,000 building, paying $400,000 cash and signing a $200,000 promissory note. What will be reported on the statement of cash flows as a result of this transaction? A $600.000 cash outflow from investing activities A$400,000 cash outflow from investing activities and a $200,000 cash inflew from financing activities A $400,000 cash outflow from investing activities and a $200.000 noncash taraction A $600.000 cash outflow from investing activities and a $200,000 cash inflow from financing activities
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