Suda Company sold land that cost $40,000 for $37,000 cash. Explain how this transaction would be shown

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Suda Company sold land that cost $40,000 for $37,000 cash. Explain how this transaction would be shown on the statement of cash flows.

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Fundamental financial accounting concepts

ISBN: 978-0078025365

8th edition

Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward

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Question Posted: Jan 09, 2014 09:10 AM

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Suda Company sold land that cost $40,000 for $37,000 cash. Explain how this transaction would be shown

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The only amount that would show on the Statement of C...View the full answer

Fundamental financial accounting concepts

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