On the basis of the details of the following fixed asset account, indicate the items to be
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On the basis of the details of the following fixed asset account, indicate the items to be reported on the statement of cashflows:
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ACCOUNT NO. Balance ACCOUNT Land Credit Debit Debit Credit Date Item 2010 Balance Jan. Feb. 260,000 Purchased for cash 410,000 10 670,000 Purchased with long-term Nov. 20 mortgage note 540,000 1,210,000
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Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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