Decision of inclusion of transactions in cash flow statement

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Reference no: EM1312621

Decision of inclusion of transactions in the cash flow statement.

While preparing a cash flow statement, you encountered the following transaction:

February 1: the company acquired a small office equipment in exchange for 5,000 shares of its own common shares; par value $10 per share; market value $15 per share.

a)Should this transaction be included in the calculations on the cash flow statement or shown in the note

b)Explain your answer

Reference no: EM1312621

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