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    Principles of Finance
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    Exam 7: Analysis of Financial Statements
  5. Question
    Selling New Stock Is an Equity Transaction;it Does Not Affect
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Selling New Stock Is an Equity Transaction;it Does Not Affect

Question 119

Question 119

True/False

Selling new stock is an equity transaction;it does not affect any asset or liability account and,therefore,does not appear on the statement of cash flows.

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