Sinclair company accumulated depreciation-equipment


Sinclair Company's accumulated depreciation-equipment increased by $6,000, while patents decreased by $2,200 between balance sheet dates. There were no purchased or sales of depreciable or intangible assets during the year. In addition, the income statement showed a loss of $3,200 from the sale of investments.Reconcile a net income of $92,000 to net cash flow from operating activities.

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Accounting Basics: Sinclair company accumulated depreciation-equipment
Reference No:- TGS0717545

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