77. A nongovernmental not-for-profit organization borrowed $5,000, which it used to purchase a truck. In which section of the organization's statement of cash flows should the transaction be reported? a. In cash inflow and cash outflow from investing activities. b. In cash inflow and cash outflow from financing activities. c. In cash inflow from financing activities and cash outflow from investing activities. d. In cash inflow from operating activities and cash outflow from investing activities.
77. A nongovernmental not-for-profit organization borrowed $5,000, which it used to purchase a truck. In which section of the organization's statement of cash flows should the transaction be reported? a. In cash inflow and cash outflow from investing activities. b. In cash inflow and cash outflow from financing activities. c. In cash inflow from financing activities and cash outflow from investing activities. d. In cash inflow from operating activities and cash outflow from investing activities.
Principles of Macroeconomics (MindTap Course List)
7th Edition
ISBN:9781285165912
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter13: Savings,Investment And The Financial System
Section: Chapter Questions
Problem 2QCMC
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