E11-39. (Learning Objective 3: Using the Balance Sheet and the statement of cash flows together) Delorme Specialties

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E11-39. (Learning Objective 3: Using the Balance Sheet and the statement of cash flows together) Delorme Specialties reported the following at December 31, 20X6 (in thousands):

Requirement 1. Determine the following items for Delorme Specialties during 20X6:

a. Gain or loss on the sale of property and equipment

b. Amount of long-term debt issued for something other than cash ________________________________________

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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