Using the direct method,interest expense paid on a note payable is included in the operating activities section of the statement of cash flows.

Name: Using the direct method,interest expense paid on a note payable is included in the operating activities section of the statement of cash flows.
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According to the direct method, interest expense paid on a note payable is considered an operating cash outflow and is therefore included in the operating activities section of the statement of cash flows.

Using the Direct Method,interest Expense Paid on a Note Payable