Which of the following transactions would be considered noncash investing and financing activities? _______ 1. Additional borrowing

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Which of the following transactions would be considered noncash investing and financing activities?
_______ 1. Additional borrowing from bank.
_______ 2. Purchase of equipment with investments.
_______ 3. Dividends paid in cash.
_______ 4. Purchase of a building with a promissory note.

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Managerial Accounting

ISBN: 978-0078025518

2nd edition

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

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