Furniture costing 54000 is sold at its book value in 2011 -


Furniture costing $54,000 is sold at its book value in 2011.

Acquisitions of furniture total $44,000 cash, on which no depreciation is necessary because it is acquired at year-end. What is the cash inflow related to the sale of furniture?

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Financial Accounting: Furniture costing 54000 is sold at its book value in 2011 -
Reference No:- TGS01544858

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