Why are direct exchanges of long-term debt for items of property, plant, and equipment included in supplementary

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Why are direct exchanges of long-term debt for items of property, plant, and equipment included in supplementary information for the statement of cash flows even though the exchanges do not affect cash?

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Cornerstones of Financial and Managerial Accounting

ISBN: 978-1111879044

2nd edition

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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Question Posted: Sep 22, 2015 03:18 AM

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Why are direct exchanges of long-term debt for items of property, plant, and equipment included in supplementary

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Cornerstones of Financial and Managerial Accounting

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