The Purchase of $100,000 of Equipment by Issuing a Note

question 49

Multiple Choice

The purchase of $100,000 of equipment by issuing a note would be reported:

• A)as a $100,000 investing inflow,and a $100,000 financing outflow.
• B)as a $100,000 investing outflow,and a $100,000 financing inflow.
• C)as a $100,000 operating inflow,and a $100,000 financing outflow.
• D)in a supplementary schedule.