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The Issuance of a Long-Term Debt for Cash Would Appear

question 92

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The issuance of a long-term debt for cash would appear on the statement of cash flows as a(n)


Definitions:

QuickBooks Pro

A version of QuickBooks accounting software designed for small to medium-sized businesses, offering advanced features.

Memorize Check

A feature in financial software that allows users to save the details of a written check for future reference or replication.

Automate

The use of technology to perform tasks with minimal human intervention.

Overdraw

Occurs when an account's balance goes below zero because more money has been withdrawn from the account than was available.

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