Question: Using the indirect method, if equipment is sold at a gain, the a. sale proceeds received are deducted in the operating activities section. b. sale

Using the indirect method, if equipment is sold at a gain, the

a. sale proceeds received are deducted in the operating activities section.

b. sale proceeds received are added in the operating activities section.

c. amount of the gain is added in the operating activities section.

d. amount of the gain is deducted in the operating activities section.

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