Determining cash flow from investing activities On January 1, 2011, Webber Company had a balance of


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Determining cash flow from investing activities On January 1, 2011, Webber Company had a balance of 1 answer below ยป Determining cash flow from investing activities On January 1, 2011, Webber Company had a balance of $278,000 in its Land account. During 2011, Webber sold land that had cost $94,000 for $120,000 cash. The balance in the Land account on December 31, 2011, was $300,000. Required Determine the cash outflow for the purchase of land during 2011. Prepare the investing activities section of the 2011 statement of cash flows. Sep 01 2015 02:16 PM

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