Vista Company sold for $98,000 cash land originally costing $70,000. The company recorded a gain on the

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Vista Company sold for $98,000 cash land originally costing $70,000. The company recorded a gain on the sale of $28,000. How is this event reported in a statement of cash flows using the indirect method?

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Financial Accounting For Undergraduates

ISBN: 9781618533081

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Authors: Wallace

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Question Posted: Oct 15, 2021 03:32 AM

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Vista Company sold for $98,000 cash land originally costing $70,000. The company recorded a gain on the

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Under the indirect method the 98000 cash received from the sale of ...View the full answer

Financial Accounting For Undergraduates

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