How is a purchase of an office premise through the issuance of long-term notes payable...
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Accounting
How is a purchase of an office premise through the issuance of long-term notes payable reported as?
A.It's a cash outflow reported on the financial column of the statement of cash flows.
B.It's treated as a cash outflow in the investments section of the cash flows.
C.It becomes a cash outflow of the operating column of the statement of cash flows.
D.It is reported as a non-cash financial activity.
E.None of the options listed
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