Question: The T accounts for Plant Assets and Accumulated Depreciation for

The T accounts for Plant Assets and Accumulated Depreciation for DOT Company at the end of 2011 are as follows:


In addition, DOT Company’s income statement shows a gain on sale of plant assets of $8,800. Compute the amounts to be shown as cash flows from investing activities and show how they are to appear on the statement of cashflows.


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  • CreatedSeptember 10, 2014
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