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Current Attempt in Progress From the postings in the accounts, indicate how the information is reported by preparing a partial statement of cash flows using
Current Attempt in Progress From the postings in the accounts, indicate how the information is reported by preparing a partial statement of cash flows using the indirect method. The loss on disposal of plant assets was $9,200. (Hint. Cost of equipment constructed is reported in the investing activities section as a decrease in cash of $60,950 ) (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parentheses e.g. (15,000). From the postings in the accounts, indicate how the information is reported by preparing a partial statement of cash flows using the indirect method. The loss on disposal of plant assets was $9,200. (Hint. Cost of equipment constructed is reported in the investing activities section as a decrease in cash of $60.950.) (Show amounts that decrease cash flow with either a - sign e.g. -15.000 or in parentheses
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