DE17-14 Use the Exterra Communications data in Daily Exercise 17-12 to compute a. Proceeds from the sale

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DE17-14 Use the Exterra Communications data in Daily Exercise 17-12 to compute

a. Proceeds from the sale of long-term investments. (Study Exterra's income statement to see whether there was a gain or loss on the sale. Exterra purchased no investments dur- ing the year.)

b. Acquisitions of plant assets (all acquisitions were for cash). Exterra sold no plant assets during the year.

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Accounting

ISBN: 9780130906991

5th Edition

Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones

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