Suppose Company Z lent $100,000 to Company A on January 1, 2012. On December 31, 2013, Company A paid back the $100,000 and also paid $12,000 interest to Company Z. Under U. S.GAAP, what would be the impact of the transaction on Company Z's statement of cash flows of 2013 using the direct method
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Suppose Company Z lent $100,000 to Company A on January 1, 2012. On December 31, 2013, Company A pai...
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