Does mortgage obtained get recorded as an investing activity

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There is a mortgage record from the current year of $65,000 (no other info)

There is a 'Purchase of new Billings for cash (current year)' ($280,000) - No other info

Problem 1: Does the mortgage obtained get recorded as an Investing Activity in the cash flow statement OR does the mortgage simply get recorded as a liability in the balance sheet and not in the cash flow statement?

Reference no: EM132977074

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