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A company sells used equipment with a book value of $100,000 for $250,000 cash. How would this transaction affect the companys balance sheet?
A company sells used equipment with a book value of $100,000 for $250,000 cash. How would this transaction affect the companys balance sheet?
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Cash rises 250000 net plant and equipment falls 1...
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
3rd edition
9781337909402, 978-1337788281
