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How should the accounted for in cash flows

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Question - Jimbo's Corporation purchased equipment costing $35,000. The company paid $10,000 cash and the remaining $25,000 was financed in a long-term note payable. How should the $25,000 be accounted for in cash flows?

-A decrease in the investing section

-Disclosed in the notes of the financial statements

-An increase in the financing section

-A decrease in the financing section

Reference no: EM132969390

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