Question: Here is selected financial statement data regarding a company's long-term notes payable. Balance Sheet: Dec. 31, 2018 Dec. 31, 2017 Notes payable $ 400,000 $

Here is selected financial statement data regarding a company's long-term notes payable. Balance Sheet: Dec. 31, 2018 Dec. 31, 2017 Notes payable $ 400,000 $ 18,300,000 During the year, the company issued an additional $300,000 of long-term notes payable. In the statement of cash flows, the financing activities section should show a cash disbursement for "repayment of long-term notes payable" for $ Input number as is, without negative signs, brackets or parenthesis
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
