Question: QS 1 2 - 9 ( Algo ) Computing investing cash flows LO P 3 Indicate the effect each separate transaction has on Investing cash

QS 12-9(Algo) Computing investing cash flows LO P3
Indicate the effect each separate transaction has on Investing cash flows.
Note: Amounts to be deducted should be Indlcated with a minus sign.
a. Sold a truck costing $45,500, with $24,200 of accumulated depreclation, for $10,200 cash. The sale results in a $11,100 loss.
b. Sold a machine costing $12,800, with $9,100 of accumulated depreclation, for $7,200 cash. The sale results in a $3,500 galn.
c. Purchased stock Investments for $21,500 cash. The purchaser belleves the stock is worth at least $32,200.
 QS 12-9(Algo) Computing investing cash flows LO P3 Indicate the effect

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