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QUESTION 21 A nongovernmental not-for-profit organization borrowed $5,000, which it used to purchase a truck.In which section of the organization'sstatement of cash flows should the

QUESTION 21

A nongovernmental not-for-profit organization borrowed $5,000, which it used to purchase a truck.In which section of the organization'sstatement of cash flows should the transaction be reported?

  1. In cash inflow and cash outflow from investing activities.
  2. In cash inflow and cash outflow from financing activities.
  3. In cash inflow from operating activities and cash outflow from investing activities.
  4. In cash inflow from financing activities and cash outflow from investing activities

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