Statement of cash flows : This statement reports all the cash transactions which are responsible for inflow and outflow of cash, and result of these transactions is reported as ending balance of cash at the end of reported period. To Explain: Whether investing activities include acquisition and disposition of assets, provide three examples and two exceptions.

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Chapter 21, Problem 21.7Q

To determine

Statement of cash flows: This statement reports all the cash transactions which are responsible for inflow and outflow of cash, and result of these transactions is reported as ending balance of cash at the end of reported period.

To Explain: Whether investing activities include acquisition and disposition of assets, provide three examples and two exceptions.

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