Question: Q8... 9 Pls answer both pls Q Question 8 1 points Save Answer When a company purchases machines by issuing a long-term note payable for

 Q8... 9 Pls answer both pls Q Question 8 1 points

Save Answer When a company purchases machines by issuing a long-term note

Q8... 9

Pls answer both pls Q

Question 8 1 points Save Answer When a company purchases machines by issuing a long-term note payable for the entire amount, the transaction should be reported on the statement of cash flows in: O A. investing activities, the second section. B. not included in cash flow statement. C. financing activities, the third section. O D. operating activities, the first section. Question 9 The corporate form of business has all the following advantages EXCEPT: O A. Separate legal entity. B. The life of a corporation is unlimited and ease of capital accumulation. OC. No mutual agency for stockholders. OD. Stockholders have unlimited liabiliy

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