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The acquisition of land by issuing common stock is

Aa noncash transaction that is not reported in the body of a statement of cash flows
Ba cash transaction and would be reported in the body of a statement of cash flows
Ca noncash transaction and would be reported in the body of a statement of cash flows
Donly reported if the statement of cash flows is prepared using the direct method

Verified Answer :

MissPhiladelphia

For the answer to the question above, the acquisition of land by issuing common stock is a noncash transaction that is not reported in the body of a statement of cash flows. So the answer is A. 

I hope my answer helped you.

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