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James Manufacturing Company Purchased Plant Assets That Cost $100,000 by Paying

Question 79

Multiple Choice

James Manufacturing Company purchased plant assets that cost $100,000 by paying $20,000 in cash and financing the balance by issuing a note payable to the seller.This transaction is disclosed on a statement of cash flows as follows:


A)
James Manufacturing Company purchased plant assets that cost $100,000 by paying $20,000 in cash and financing the balance by issuing a note payable to the seller.This transaction is disclosed on a statement of cash flows as follows: A)    B)    C)    D)  As a note to the statement of cash flows E)
B)
James Manufacturing Company purchased plant assets that cost $100,000 by paying $20,000 in cash and financing the balance by issuing a note payable to the seller.This transaction is disclosed on a statement of cash flows as follows: A)    B)    C)    D)  As a note to the statement of cash flows E)
C)
James Manufacturing Company purchased plant assets that cost $100,000 by paying $20,000 in cash and financing the balance by issuing a note payable to the seller.This transaction is disclosed on a statement of cash flows as follows: A)    B)    C)    D)  As a note to the statement of cash flows E)
D) As a note to the statement of cash flows
E) James Manufacturing Company purchased plant assets that cost $100,000 by paying $20,000 in cash and financing the balance by issuing a note payable to the seller.This transaction is disclosed on a statement of cash flows as follows: A)    B)    C)    D)  As a note to the statement of cash flows E)

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