Question
The JJ Ltd group has notional ledger account balances as follows. - Proceeds from sale of machinery $50 000 - Carrying amount of machinery
The JJ Ltd group has notional ledger account balances as follows. - Proceeds from sale of machinery $50 000 - Carrying amount of machinery sold $34 000 - Depreciation expense $30 000 - Machinery at cost beginning $460 000 and ending $500 000 - Accumulated depreciation: beginning $150 000 and ending $172 000 What is the amount for cash purchase of machinery in the consolidated statement of cash flows? O A. $48.000. O B. $40 000. O C. $82 000. O D. $74 000.
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International Financial Reporting A Practical Guide
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1292200743, 1292200766, 9781292200767, 978-1292200743
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