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This is incorrect. Interest paid for the note is considered an OPERATIONAL activity, NOT a FINANCING activity. In this case, paying off the principal ($20,000)
This is incorrect. Interest paid for the note is considered an OPERATIONAL activity, NOT a FINANCING activity. In this case, paying off the principal ($20,000) is the only financing activity recorded.
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Data Communications Network Auditing How To Save Hundreds Of Thousands Of Dollars And Still Improve Network Response Time Network Performance And Network Availability
Authors: Bruce Griffis
1st Edition
0936648937, 978-0936648934
