Analysis of general ledger accounts indicates that equipment

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Reference no: EM13753085

An analysis of the general ledger accounts indicates that equipment, which had cost $50,000 and on which accumulated depreciation totalled $46,000 on the date of sale, was sold for $6,000 during the year.

Show the dollar amount and the type of activity (operating, financing, or investing,) for the above items on the Statement of Cash Flows.

Reference no: EM13753085

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Analysis of general ledger accounts indicates that equipment : An analysis of the general ledger accounts indicates that equipment, which had cost $50,000 and on which accumulated depreciation totalled $46,000 on the date of sale, was sold for $6,000 during the year. Show the dollar amount and the type of activi..

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