Its is a long term liability that comes under the financing section of the cash flow statement.. it is there because it shows the exchange of cash between a business and its creditors.
@kosmosleha because when you took out the note you received cash!! and when you pay the note your spending cash!! you gotta look at the other side of the journal entry.
I know i'm a little late and you prolly know that by now but someone else might have the same question : )
Nice video..good work!keep it up!
juanahuntsman 3 months ago
Do you have anything to say about issuing Common Stock or Paying Dividends? I'm stuck!
SlicKitty73 6 months ago
This has been flagged as spam show
@SlicKitty73 Issuing common stock and paying dividends are both part of the financing section of the cash flow statement. GL!
iNinjaNotes 1 month ago
Thank you for the tutorial......best teacher ever. CPA student from ireland. God bless
SamOyeC 8 months ago
you never talked clear in this section
Alimohajerani2008 8 months ago
thank you!!! i wish my exam questions were easy as these examples : (
nizan233 11 months ago
A signed in just to say thank you and thumbs up from the Dominican Republic. You are lovely and helpful. Way better than my teacher.!
starlintube 1 year ago
Thanks a lot !
udvottunlimited 1 year ago
god bless u
styleicon69 1 year ago
Thank you, you really really helped with my test tomorrow cause i missed the in class lectures.
And your also easier to understand than my instructor anyways!!
luvrip4life 1 year ago
The last like 10-15 seconds of this video helped SO much.
flinagin 1 year ago
@flinagin AGREED.
DJHandel 1 year ago
THANKYOU SO MUCH I AM SAVED!!!
pdougla8 2 years ago
Thank you thank you thank you. great vids I really appreciate all the the work you put into these vids.
jahobb 2 years ago
why are there notes payable? Cash flow only deals with cash.
kosmosleha 2 years ago
Its is a long term liability that comes under the financing section of the cash flow statement.. it is there because it shows the exchange of cash between a business and its creditors.
sajkw13 2 years ago
@kosmosleha because when you took out the note you received cash!! and when you pay the note your spending cash!! you gotta look at the other side of the journal entry.
I know i'm a little late and you prolly know that by now but someone else might have the same question : )
luvrip4life 1 year ago
I enjoy watching your tutorial videos. Thank you so much, Miss Susan!
judzm 3 years ago
I have learned so much from your videos. Thank you.
hurricane223 3 years ago
thank you miss susan , ALLAH bless you and give you more health
egyptian accountant
waelhakam111 3 years ago 2