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How will the above transactions be presented

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Question - In the year ended 31 December 20X7, Lamb bought new vehicles from Beef with a list price of $100,000 for $70,000 cash and an allowance against old motor vehicles for $30,000. The value of the vehicles taken in exchange was $27,000. Lamb sold vehicles with a carrying amount of $12,000 for $15,000 cash. How will the above transactions be presented under the heading 'investing activities' in the statement of cash flows?

Reference no: EM132944137

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