Following are the T accounts for Equipment and Accumulated P.O. 4,5 Depreciation, Equipment for Rubens Company at

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Following are the T accounts for Equipment and Accumulated P.O. 4,5 Depreciation, Equipment for Rubens Company at the end of 19x7:

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New equipment was bought for cash, and the used equipment was sold for cash.
Compute the amounts to be included in the statement of cash flows, and indicate where these amounts should be shown.

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College Accounting Chapters 1-26

ISBN: 9780395796993

6th Edition

Authors: Douglas J. McQuaig, Patricia A. Bille

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