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Receiving cash upon the sale of equipment (not inventory) would be a positive cash amount in what section of the cash flow statement? Operating Investing
Receiving cash upon the sale of equipment (not inventory) would be a positive cash amount in what section of the cash flow statement?
| Operating |
| Investing |
| Financing |
| Equity |
On the accounting equation when an asset is used up and is reduced, there is also a change in what other part of the equation?
Question 21 options:
| Expenses |
| Capital Stock |
| Current Liabilities |
| Revenues |
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