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Is add Sonesta Farm Equipment Company sold equipment for cash. The income statement shows a loss on the sale of $8,000. The net book value
Is add Sonesta Farm Equipment Company sold equipment for cash. The income statement shows a loss on the sale of $8,000. The net book value of the asset was $30,900 Which of the following statements describes the cash effect of the transaction? cribed i O A. negative cash flow of $22,900 for operating activities O B. positive cash flow of $38,900 from financing activities O C. negative cash flow of $22,900 for financing activities O D. positive cash flow of $22,900 from investing activities rt An Anonym 321 ans
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