An analysis of the general ledger accounts indicates that office equipment, which cost $30,000 and on which

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An analysis of the general ledger accounts indicates that office equipment, which cost $30,000 and on which accumulated depreciation totaled $10,000 on the date of sale, was sold for $25,000 during the year. Using this information, indicate the items to be reported on the statement of cash flows.

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Financial Accounting An Integrated Statements Approach

ISBN: 978-0324312119

2nd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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