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Business, 03.09.2019 18:30 darkremnant14

Riley company paid $60,000 cash to purchase land from smally company. smally originally paid $60,000 for the land. a) was this even an asset source, use, or exchange transaction for riley company? b) what about for smally company? c) was the cash flow an operating, investing, or financing activity on riley company's 2018 statement of cash flows? d) what about for smally company?

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Riley company paid $60,000 cash to purchase land from smally company. smally originally paid $60,000...
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