A corporation acquired a building paying a portion of the, Ask an Expert

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A company acquired a building, paying a portion of the purchase price in cash and issuing mortgage note payable to the seller for the balance. In a statement of cash flows, what amount is included in financing activities for the above transaction?

a. Mortgage amount
b. Cash paymeht
c. Acquisition price
d, Zero

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Category:- Basic Finance
Reference No.:- M9276470

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