A purchase of land in exchange for shares is disclosed on the statement of cash flows or in a note to the statement.
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Q4: A company purchased equipment for $150,000 by
Q5: Receipts of cash dividends and interest earned
Q6: The payment of cash dividends to shareholders
Q7: To be classified as a cash equivalent,
Q8: Internal users of the statement of cash
Q10: The statement of cash flows explains the
Q10: The purchase of shares in another company
Q17: A purchase of land in exchange for
Q19: The full disclosure principle requires that noncash
Q37: Accounting standards require companies to include a
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