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Intermediate Accounting: Reporting...

3rd Edition
James M. Wahlen + 2 others
ISBN: 9781337788281

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BuyFindarrow_forward

Intermediate Accounting: Reporting...

3rd Edition
James M. Wahlen + 2 others
ISBN: 9781337788281
Textbook Problem
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Give two examples of a company’s investing and financing activities not affecting cash.

To determine

Explain the investing and financing activities not affecting cash with examples.

Explanation

Financing activities: Financing activities includes cash inflows and outflows from issuance of common stock and debt, payment of debt and dividends.

Investing activities: Investing activities includes cash inflows and cash outflows from purchase and sale of land or equipment, or investments.

Non-cash investing and financing activities: The investing and financ...

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