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Tomm Tomm
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4 years ago
Beyond the Boardroom Corporation sold used equipment with a book value of $25,000 for $29,000. The indirect method statement of cash flows will reflect:
A) an addition of $29,000 in the investing activities section and an addition of $4,000 in the operating activities section
B) an addition of $25,000 in the investing activities section and an addition of $4,000 in the operating activities section
C) an addition of $29,000 in the investing activities section and a deduction of $4,000 in the operating activities section
D) an addition of $25,000 in the investing activities section and a deduction of $4,000 in the operating activities section
Textbook 

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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ACC 925
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AlexmosutheAlexmosuthe
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4 years ago
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