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When a company sells equipment for cash, which of the following is the correct reporting on the ...

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When a company sells equipment for cash, which of the following is the correct reporting on the ...

When a company sells equipment for cash, which of the following is the correct reporting on the statement of cash flows?

▸ Gain or loss in operating section, amount of cash received in operating section

▸ Gain or loss in investing section, amount of cash received in operating section

▸ Gain or loss in operating section, amount of cash received in investing section

▸ Gain or loss in investing section, amount of cash received in investing section

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Managerial Accounting

Edition: 4^th

Author: Davis

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nitnit Author

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Smart ... Thanks!

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sleinhi

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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