Annual statement of cash flows-indirect method


Almondine Company sold a computer for $50,000. The computer's original cost was $250,000, and the accumulated depreciation at the date of sale was $180,000. The sale of the computer should appear on Almondine's annual statement of cash flows (indirect method) as ??

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Accounting Basics: Annual statement of cash flows-indirect method
Reference No:- TGS048738

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