=+EX 16-9 Reporting changes in equipment on statement of cash flows obj. 2 An analysis of the

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=+EX 16-9 Reporting changes in equipment on statement of cash flows obj. 2 An analysis of the general ledger accounts indicates that delivery equipment, which cost $96,000 and on which accumulated depreciation totaled $42,100 on the date of sale, was sold for $46,500 during the year. Using this information, indicate the items to be reported on the statement of cash flows.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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