Transactions that involve merely purchases or sales of cash equivalents generally are not reported in a statement

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Transactions that involve merely purchases or sales of cash equivalents generally are not reported in a statement of cash flows. Describe an exception to this generalization. What is the essential characteristic of the transaction that qualifies as an exception?

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Intermediate Accounting

ISBN: 9780077282073

5th Edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Lawrence Tomassini

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