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Use the following codes to indicate how the cash flow effect, if any, of each transaction would be reported on a statement of cash flows if the operating activities section is prepared using the direct method.
-Issued common stock to acquire land and a building.
Minimum Lease Payments
The lowest total amount that a lessee is required to pay over the lease term, including both the principal and interest components.
Investment Property
Real estate property acquired to earn rental income, capital appreciation, or both, rather than for use in operations or as inventory.
Lease Revenue Recognition
The process of recognizing income earned from leasing out assets over the lease term.
Lease Liability
An obligation representing the present value of lease payments due over the lease term by the lessee.
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