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No Harm Corporation sold some of its used equipment with a book value of $52,000 for $47,000. The ...

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No Harm Corporation sold some of its used equipment with a book value of $52,000 for $47,000. The ...

No Harm Corporation sold some of its used equipment with a book value of $52,000 for $47,000. The indirect method statement of cash flows will reflect an addition in the investing activities section of:
A) $47,000 and a deduction of $5,000 in the operating activities section
B) $47,000 and an addition of $5,000 in the operating activities section
C) $52,000 and an addition of $5,000 in the operating activities section
D) $52,000 and a deduction of $5,000 in the operating activities section

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Exploring Microsoft Office 2013, Volume 2, Canadian Edition

Edition: 1^st

Authors: Grauer, Jenne, Igonor

Read 139 times

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