Solution-Question regarding the cash flow statement

Question regarding the cash flow statement

Reference no: EM131099903

A company's balance sheet shows the account, Notes Payable. This resulted from a loan made by the company's bank. If the end-of-year balance in the notes payable account exceeds the beginning-of-year balance by $5,000, this is shown on the cash flow statement as an

inflow of cash of $5,000 in the operating activities category.
outflow of cash of $5,000 in the financing activities category.
inflow of cash of $5,000 in the financing activities category.
outflow of cash of $5,000 in the operating activities category.

Reference no: EM131099903

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Question regarding the cash flow statement

Reference no: EM131099903

Reference no: EM131099903

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