If long-term assets are acquired in exchange for shares of stock, no cash is involved. Will this

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If long-term assets are acquired in exchange for shares of stock, no cash is involved. Will this transaction be reported on the statement of cash flows? If not, why not? If so, how?

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Financial Accounting Information For Decisions

ISBN: 978-0324672701

6th Edition

Authors: Robert w Ingram, Thomas L Albright

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Question Posted: Jun 22, 2012 01:11 AM

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If long-term assets are acquired in exchange for shares of stock, no cash is involved. Will this

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GAAP require that the issuance of either debt or equity ...View the full answer

Financial Accounting Information For Decisions

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