A company acquired a building, paying a portion of the purchase price with available cash...
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Accounting
A company acquired a building, paying a portion of the purchase price with available cash and issuing a mortgage note payable to a third party to obtain cash for the balance. In a statement of cash flows, what amount is included in financing activities for the above transaction?
Select one:
a. Cash paid using available cash
b. Acquisition price
c. Zero
d. Mortgage amount
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