Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities. To choose: The correct option that states the treatment of material non-cash transaction.

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Chapter 12, Problem 8MC

To determine

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Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To choose:

The correct option that states the treatment of material non-cash transaction.

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