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Additional information during the year 70 of common stock

1. Condensed financial data of Fairchild Company for 2010 and 2009 are presented below. Additional information: During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold in 2010. Cash dividends were $260.

Prepare a statement of cash flows using the indirect method.

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Accounting Basics: Additional information during the year 70 of common stock

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Accounting Basics: Additional information during the year 70 of common stock

Reference No:- TGS01488758

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