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Which of the following would be disclosed as a non-cash investing and financing activity? An investment in another entity whereby the company issues one share
Which of the following would be disclosed as a non-cash investing and financing activity? An investment in another entity whereby the company issues one share in exchange for every two held in the other entity. Credit purchases of inventory unpaid at the reporting date. All of these would be classified as non-cash investing and financing activities. An increase in the market value of a parcel of land. The issuing of preference shares that will be convertible into ordinary shares upon maturity
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