Fundamental Financial Accounting Concepts, 9th Edition
Fundamental Financial Accounting Concepts, 9th Edition
9th Edition
ISBN: 9780078025907
Author: Thomas P Edmonds, Christopher Edmonds, Frances M McNair, Philip R Olds
Publisher: McGraw-Hill Education
Question
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Chapter 12, Problem 8AE

a.

To determine

Determine the cash outflow for the purchase of land during 2016.

b.

To determine

Prepare the investing activities section of the statement of cash flows for 2016:

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