Rona Inc.gathered the following data from its accounting records for the year ended December 31,2017:
Acquisition of equipment by issuing
long-term note payable$\quad$$\quad$50,000 Prepare the operating activities section of the cash flow statement using the direct method.

Question

Rona Inc.gathered the following data from its accounting records for the year ended December 31,2017:
  Acquisition of equipment by issuing
 long-term note payable$\quad$$\quad$50,000 Prepare the operating activities section of the cash flow statement using the direct method.

Quizplus · Accepted Answer

The Answer of Rona Inc.gathered the following data from its accounting records for the year ended December 31,2017:
  Acquisition of equipment by issuing
 long-term note payable$\quad$$\quad$50,000 Prepare the operating activities section of the cash flow statement using the direct method.

Rona Incgathered the Following Data from Its Accounting Records for the the Year