A law firm signs a $700,000 mortgage note with a local bank for the purchase of an office building.This is an example of a(n):

Name: A law firm signs a $700,000 mortgage note with a local bank for the purchase of an office building.This is an example of a(n):
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Financing activities involve transactions with creditors or investors used to fund the business, such as taking out loans or issuing stock. Signing a mortgage note to finance the purchase of an office building is a financing activity.

A Law Firm Signs a $700,000 Mortgage Note with a Local