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Business, 16.04.2020 23:46 mshepherdmiller

KAJ Incorporated purchased a machine costing $100,000 by paying $20,000 cash and signing an $80,000 note payable. How would this transaction be reported within the cash flow from financing activities section of the cash flow statement? A. An outflow of $100,000. B. An outflow of $80,000. C. An outflow of $20,000. D. It would have no effect.

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KAJ Incorporated purchased a machine costing $100,000 by paying $20,000 cash and signing an $80,000...
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