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Other Fields Homework Help Accounting Topic started by: Harrison on Nov 11, 2017



Title: Cassidy Lake Corporation sold some of its used equipment for $65,000. The indirect method statement ...
Post by: Harrison on Nov 11, 2017
Cassidy Lake Corporation sold some of its used equipment for $65,000. The indirect method statement of cash flows shows an addition to net income of $6,000. The accumulated depreciation on the equipment to date of sale was $63,000. The original cost of the equipment was:
A) $69,000
B) $71,000
C) $134,000
D) $122,000


Title: Re: Cassidy Lake Corporation sold some of its used equipment for $65,000. The indirect method ...
Post by: rjckE on Nov 11, 2017
C