Question
Croft Company sold land costing $10,000 for $12,000. In the investing activities section of the statement of cash flows, the company will report: An inflow
Croft Company sold land costing $10,000 for $12,000. In the investing activities section of the statement of cash flows, the company will report:
An inflow of $2,000
An inflow of $12,000
An outflow of $10,000
An outflow of $12,000
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
16th Edition
324376375, 0324375743I, 978-0324376371, 9780324375749, 978-0324312140
