When an asset is sold at a gain, why is the gain not reported as a cash

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When an asset is sold at a gain, why is the gain not reported as a cash inflow from operating activities?

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Intermediate Accounting

ISBN: 9781259722660

9th Edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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Question Posted: Jul 11, 2013 03:56 AM

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When an asset is sold at a gain, why is the gain not reported as a cash

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Intermediate Accounting

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