If a company exchanges common stock for a building, should it disclose this event on the statement

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If a company exchanges common stock for a building, should it disclose this event on the statement of cash flows? Why or why not?

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Introduction To AccountingAn Integrated Approach

ISBN: 9781119600107

8th Edition

Authors: Penne Ainsworth, Dan Deines

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Question Posted: Apr 28, 2023 03:18 AM

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If a company exchanges common stock for a building, should it disclose this event on the statement

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No the exchange of common stock for a building does not involve cash so it should n...View the full answer

Introduction To AccountingAn Integrated Approach

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