In Sunland Company, there was an increase in the land account during the year of $ 8
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Question:
In Sunland Company, there was an increase in the land account during the year of $ Analysis reveals that the change resulted from a cash sale of land at cost $ and a cash purchase of land for $ In the statement of cash flows, the change in the land account should be reported in the investment section.
Expert Answer:
Answer You are correct In the statement of cash flows the change in the land account should be ... View the full answer
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