The three accounts shown below appear in the general ledger of Chaudry Corp. during 2014. InstructionsFrom the postings in the accounts, indicate how the information is reported on a statement of cash flows using the indirect method. The loss on disposal of plant assets was $5,000. (Hint: Cost of equipment constructed is reported in the investing activities section as a

Chapter 13, Exercises #6
The three accounts shown below appear in the general ledger of Chaudry Corp. during 2014.

The three accounts shown below appear in the general 2

Instructions
From the postings in the accounts, indicate how the information is reported on a statement of cash flows using the indirect method. The loss on disposal of plant assets was $5,000. (Hint: Cost of equipment constructed is reported in the investing activities section as a decrease in cash of$53,000.)

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