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The acquisition of land by issuing common stock is A) a noncash transaction which is not reported in the body of a statement of cash

The acquisition of land by issuing common stock is A) a noncash transaction which is not reported in the body of a statement of cash flows. B) a cash transaction and would be reported in the body of a statement of cash flows. C) a noncash transaction and would be reported in the body of a statement of cash flows. D) only reported if the statement of cash flows is prepared using the direct method

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