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    Accounting Study Set 1
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    Exam 16: The Statement of Cash Flows
  5. Question
    Issuing Preferred Stock to Stockholders in Exchange for Cash Is
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Issuing Preferred Stock to Stockholders in Exchange for Cash Is

Question 64

Question 64

True/False

Issuing preferred stock to stockholders in exchange for cash is shown under the financing activities section of the statement of cash flows.

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