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A purchase of new equipment on a note payable under the direct method is reported A. in the financing section of the cash flow statement. B. as a separate disclosure as a non-cash transaction. C. in the investing section of the cash flow statement. D. in the operating section of the cash flow statement.

A purchase of new equipment on a note payable under the direct method is reported A. in the financing section of the cash flow statement. B. as a separate disclosure as a non

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