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  3. Study Set
    Intermediate Accounting Reporting and Analysis Study Set 1
  4. Exam
    Exam 20: Accounting for Leases
  5. Question
    A Lessee Reports Noncash Investing and Financing Activity on the Statement
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A Lessee Reports Noncash Investing and Financing Activity on the Statement

Question 77

Question 77

True/False

A lessee reports noncash investing and financing activity on the statement of cash flows when recording a capital lease.

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