if the balance of a long term liability account increases from one balance sheet dat 610980

If the balance of a long-term liability account increases from one balance sheet date to the next, this normally indicates that long-term:

1. assets were purchased and an investing outflow should be reported on the statement of cash flows.
2. debt was paid and a financing outflow should be reported on the statement of cash flows.
3. debt was issued and a financing inflow should be reported on the statement of cash flows.
4. debt was issued and a financing outflow should be reported on the statement of cash flows.