Croft Company sold land costing $10,000 for $12,000. In the investing activities section of the statement of

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Croft Company sold land costing $10,000 for $12,000. In the investing activities section of the statement of cash flows, the company will report:

An inflow of $2,000

An inflow of $12,000

An outflow of $10,000

An outflow of $12,000

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Intermediate Accounting

ISBN: 978-0324312140

16th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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Posted Date: Dec 30, 2022 05:37 AM

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Croft Company sold land costing $10,000 for $12,000. In the investing activities section of the statement of

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Intermediate Accounting

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