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Transaction: Company sold a fixed asset for $2,000 with deferred payment. Initial value of asset was $10,000 and accumulated depreciation $7,000. Cash Flow Statement: Operating
Transaction: Company sold a fixed asset for $2,000 with deferred payment. Initial value of asset was $10,000 and accumulated depreciation $7,000. Cash Flow Statement: Operating CFS (Adjustment positive) = = 7000 Operating CFs (Adjustment negative) = 0 Investing CFs (Inflow) = 0 Investing CFs (Outflow) = 0 - Financing CFs (Inflow) = 0 - Financing CFs (Outflow) = 0 A
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