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You are in a group of Accounting students that has been assigned to prepare a Cash Flow Statement. You are preparing the Financing activities section.
You are in a group of Accounting students that has been assigned to prepare a Cash Flow Statement. You are preparing the Financing activities section. Which of the following items would be included in the financing activities?
1) Issue common stock for cash
2) Payment on principal of note payable
3) Payment of dividends
4) Sale of equipment for cash
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