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kramer
3 years ago
15

KAJ Incorporated purchased a machine costing $250,000 by paying $35,000 and signing a $215,000 note payable. How would this tran

saction be reported within the cash flow from investing activities section of the cash flow statement
Business
1 answer:
Firdavs [7]3 years ago
7 0
KAJ Incorporated purchased a machine costing $250,000 by paying $35,000 and signing a $215,000 note payable. How would this transaction be reported within the cash flow from investing activities section of the cash flow statement? ... It would not be reported in the investing activities section of the cash flow statement.
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The CPA rebuts the allegations

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