During the year a company revalued its freehold land from its original cost of 295,000 to its
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During the year a company revalued its freehold land from its original cost of £295,000 to its current market value of £1.1m. In the company’s statement of cash flows, this revaluation will:
(A) Be included within investing activities
(B) Be included within financing activities
(C) Be included within operating activities
(D) Not appear
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Frank Woods Business Accounting An Introduction To Financial Accounting
ISBN: 9781292365435
15th Edition
Authors: Alan Sangster, Lewis Gordon, Frank Wood
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