Financing activities on the statement of cash flows affect the long-term liability and equity accounts, such as Long-Term Notes Payable, Bonds Payable, Common Stock, and Retained Earnings.

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Financing activities involve obtaining funds for the company through issuing long-term debt or equity, which affects the long-term liability and equity accounts such as Long-Term Notes Payable, Bonds Payable, Common Stock, and Retained Earnings.

Financing Activities on the Statement of Cash Flows Affect the Long-Term