Question: Indicate whether the following will have a positive or negative EFFECT ON CASH. A positive effect could also be thought of as a source of
Indicate whether the following will have a positive or negative EFFECT ON CASH.
A positive effect could also be thought of as a source of cash, an increase in cash, or a positive amount on the cash flow statement. A negative effect could also be thought of as a use of cash, a decrease in cash, or a negative amount on the cash flow statement. For an answer, either write "positive" or "negative".
j. The Gain on the Sale of Equipment formerly used in the business?
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