A noncash purchase of land is reported in the investing section of the statement of cash flows as a separate line item.

Name: A noncash purchase of land is reported in the investing section of the statement of cash flows as a separate line item.
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Question

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Noncash investing and financing activities, including noncash purchases of land, are not reported in the body of the cash flow statement but are instead disclosed in a separate note or supplementary schedule to the financial statements.

A Noncash Purchase of Land Is Reported in the Investing