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Question 1 (1 point) Parker Company signed a long-term note in exchange for a new...

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Accounting

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Question 1 (1 point) Parker Company signed a long-term note in exchange for a new piece of equipment. How would this item be classified in the Statement of Cash Flows? Operating section of the statement of cash flows. Financing section of the statement of cash flows. As a noncash transaction. Investing section of the statement of cash flows. Question 2 (1 point) Parker Company purchase a building with cash. How would this item be classified in the Statement of Cash Flows? Investing section of the statement of cash flows. Financing section of the statement of cash flows. Operating section of the statement of cash flows. As a noncash transaction

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