The T accounts for Equipment and the related Accumulated Depreciation for Anastacia Company at the end of
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The T accounts for Equipment and the related Accumulated Depreciation for Anastacia Company at the end of 2012 are shown here.
In addition, Anastacia Company's income statement reported a loss on the sale of equipment of $3,500. What amount was reported on the statement of cash flows as "cash flow from sale of equipment"?
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Original cost of equipment sold 22000 ...View the full answer
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Related Book For 
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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