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Brief Exercise 12-8 The T-accounts for Equipment and the related Accumulated Depreciation-Equip. for Cold smith Company at the end of 2014 are shown here. In
Brief Exercise 12-8 The T-accounts for Equipment and the related Accumulated Depreciation-Equip. for Cold smith Company at the end of 2014 are shown here. In addition, Cold smith Company?s income statement reported a loss on the disposal of plant assets of $7,441. What amount was reported on the statement of cash flows as cash flow from sale of equipment? Cash flow from sale of equipment
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