8. If a gain of $6,056 is realized in selling (for cash) office equipment having a book value of $61,517, the total amount reported in the Cash flows from investing activities section of the statement of cash flows is a.$6,056 b.$55,461 c.$61,517 d.$67,573
8. If a gain of $6,056 is realized in selling (for cash) office equipment having a book value of $61,517, the total amount reported in the Cash flows from investing activities section of the statement of cash flows is a.$6,056 b.$55,461 c.$61,517 d.$67,573
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
Section: Chapter Questions
Problem 6DQ
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8. If a gain of $6,056 is realized in selling (for cash) office equipment having a book value of $61,517, the total amount reported in the
a.$6,056
b.$55,461
c.$61,517
d.$67,573
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