a. Why are noncash transactions, such as the exchange of common stock for a building for example,

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a. Why are noncash transactions, such as the exchange of common stock for a building for example, included on a statement of cash flows?
b. How are these noncash transactions disclosed?
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
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Principles of Accounting

ISBN: 978-1439037744

11th Edition

Authors: Needles, Powers, crosson

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