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

(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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Question Posted: Mar 04, 2024 09:23 AM

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During the year a company revalued its freehold land from its original cost of 295,000 to its

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Frank Woods Business Accounting An Introduction To Financial Accounting

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