During the year, a capital asset with an original cost of $ 750,000 and accumulated depreciation on
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During the year, a capital asset with an original cost of $ 750,000 and accumulated depreciation on the date of sale of $ 560,000 was sold for $ 216,000. What will appear on the SCF as a result of this transaction? Assume the indirect presentation approach.
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Related Book For
Intermediate Accounting
ISBN: 978-0071339476
Volume 1, 6th Edition
Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I
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