An analysis of the general ledger accounts indicates that office equipment, which cost $60,000 and on which

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An analysis of the general ledger accounts indicates that office equipment, which cost $60,000 and on which accumulated depreciation totaled $15,000 on the date of sale, was sold for $41,000 during the year. Using this information, indicate the items to be reported on the statement of cash flows.

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Accounting

ISBN: 978-0324401844

22nd Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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