On the basis of the details of the following land account, indicate the items to be reported

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On the basis of the details of the following land account, indicate the items to be reported on the statement of cash flows.

Land Jan. Feb. 10 Nov. 20 1 opening 260,000 410,000 540.000 closing 1,210.00

The February 10 entry was a cash transaction.
The November 20 entry was completed with a long-term mortgage note.

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Accounting Volume 2

ISBN: 978-0176509743

2nd Canadian edition

Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren

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Question Posted: Dec 15, 2017 08:34 AM

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On the basis of the details of the following land account, indicate the items to be reported

Question:

Land Jan. Feb. 10 Nov. 20 1 opening 260,000 410,000 540.000 closing 1,210.00

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Cash flows from investing activities Cash paid for purchase of la...View the full answer

Accounting Volume 2

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