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14. Foodscape Sdn. Bhd. owned an asset that cost RM32,000. The company sold the asset on I January 2019 for RM8,000. Accumulated depreciation on the
14. Foodscape Sdn. Bhd. owned an asset that cost RM32,000. The company sold the asset on I January 2019 for RM8,000. Accumulated depreciation on the day of sale amounted to RM26,000i Based on this information, the sale would result in: A. An RM8,000 increase in total assets. B. A RM6,000 cash inflow in the financing activities section of the statement of cash flows. C, A RM3,000 gain in the operating activities section of the statement of cash flows. D. An RM8,000 cash inflow in the investing activities section of the statement of cash flows.
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