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The acquisition of land by issuing common stock is
The acquisition of land by issuing common stock is a noncash transaction which is not reported in the body of a statement of cash flows.
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Asked 2/11/2013 6:17:03 PM
Updated 10/1/2014 3:26:06 AM
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This answer has been confirmed as correct and helpful.
Edited by andrewpallarca [10/1/2014 3:26:04 AM], Confirmed by andrewpallarca [10/1/2014 3:26:06 AM]
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In performing a vertical analysis, the base for sales revenues on the income statement is
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Updated 11/26/2015 5:42:50 PM
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In performing a vertical analysis, the base for sales revenues on the income statement is net sales.
Added 11/26/2015 12:59:43 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/26/2015 5:42:42 PM]
When stock is issued for legal services, the transaction is recorded by debiting Organization Expense for the
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Updated 8/2/2015 12:34:51 AM
1 Answer/Comment
When stock is issued for legal services, the transaction is recorded by debiting Organization Expense for the Fair Market Value.
Added 8/2/2015 12:34:50 AM
This answer has been confirmed as correct and helpful.
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