ACCOUNTING 5) Section 23406 (40 pts) instructions help Question 35 (of 40) Save & Exit Submit 100 points MC Qu. 77 The purchase of long-term assets by issuing... The purchase of long-term assets by issuing a note payable for the entire amount is reported on the statement of cash flows in the O Operating activities. O Financing activities. O Investing activities O schedule of noncash financing and investing activities. O Reconciliation of cash balance. Multiple Choice Difficulty 2 Medium MC Qu. 77 The Learning objective: 12-C1 Distinguish purchase of long-term assets between operating. investing, and by issuing... financing activities, and describe how noncash investing and financing