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Because the Statement of Cash Flows Only Reflects the Cash

question 61

Essay

Because the statement of cash flows only reflects the cash flows from operating, investing, and financing activities, certain noncash transactions are omitted from the body of the statement.
Required:
Identify the types of activities that are not included in the body of the statement of cash flows, describe the types of transactions involved, and indicate where these items are disclosed on the statement.


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