menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Intermediate Accounting Study Set 2
  4. Exam
    Exam 21: The Statement of Cash Flows Revisited
  5. Question
    When One Enters a $50,000 Credit Entry to the Land
Solved

When One Enters a $50,000 Credit Entry to the Land

Question 160

Question 160

True/False

When one enters a $50,000 credit entry to the Land account in a spreadsheet for the statement of cash flows, it represents a negative change in that account and probably is due to selling such assets.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q114: Listed below are the reporting classifications for

Q156: In its 2018 Annual Report to

Q157: Ilene South Company owns 40% of the

Q158: The net income for Howie Doohan Corporation

Q159: Interest payments and interest received must be

Q161: Interest payments to creditors are reported in

Q162: On June 4, White Corporation issued $400

Q163: Bowers Corporation reported the following ($

Q164: A firm reported ($ in millions) net

Q165: Cash flows from financing activities do not

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines