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If the equipment account increases by $6,000, that means that Multiple choice question. equipment was sold during the year and this is a cash outflow

If the equipment account increases by $6,000, that means that Multiple choice question. equipment was sold during the year and this is a cash outflow from financing activities. equipment was sold during the year and this is a cash inflow from investing activities. equipment was purchased during the year and this is a cash outflow from investing activities. equipment was purchased during the year and this is a cash outflow from financing activities

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