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Business, 09.07.2021 19:20 shaking9302

Pier2 Company purchased equipment with a useful life of 10 years for $72,000. Pier2 paid one-third down and signed a two-year, interest-bearing note for the balance. Indicate how the transaction would be reported in the statement of cash flows and/or related disclosure.

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Pier2 Company purchased equipment with a useful life of 10 years for $72,000. Pier2 paid one-third d...
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