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During 2019, Manufacturing Ltd purchased equipment but paid for it with the issue of 2 million $1 ordinary shares. Required: Indicate whether the transaction would
During 2019, Manufacturing Ltd purchased equipment but paid for it with the issue of 2 million $1 ordinary shares. Required: Indicate whether the transaction would be reported in a statement of cash flows, and if so where. If it is not reported in a statement of cash flows, identify how it is reported, if at all.
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