See the T accounts below. The equipment was sold for a gain of $5,000. Using this infor-
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See the T accounts below. The equipment was sold for a gain of $5,000. Using this infor- mation, indicate the items to be reported on the statement of cash flows using the direct method.
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Related Book For 
Accounting Volume 2
ISBN: 978-0176509743
2nd Canadian edition
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
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