Duke Corp. sold a delivery truck for $9,000. Its original cost was $25,000, and the book value
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Duke Corp. sold a delivery truck for $9,000. Its original cost was $25,000, and the book value at the time of the sale was $11,000. How does the transaction to record the sale appear on a statement of cash fl ows prepared under the indirect method?
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Using Financial Accounting Information The Alternative To Debits And Credits
ISBN: 9780538452748
7th Edition
Authors: Curtis L. Norton, Gary A. Porter
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