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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 11: The Statement of Cash Flows
  5. Question
    A Transaction Acquiring Land by Issuing a Note for the Full
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A Transaction Acquiring Land by Issuing a Note for the Full

Question 119

Question 119

True/False

A transaction acquiring land by issuing a note for the full purchase price would not appear on the cash flow statement because no cash was involved, but it may be disclosed in a separate section.

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