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H3Ko H3Ko
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7 years ago
Transnational Company plans to purchase a property to build its corporate headquarters. An investor is willing to exchange land worth $500,000 for common stock. This transaction would be shown in the financing activities section of the statement of cash flows.
A) True
B) False
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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TanksTanks
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H3Ko Author
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#2
7 years ago
I just realized you had posted this! Thanks so much
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