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Discount Sales sells some used store fixtures. The acquisition cost of the fixtures is $12,500, the accumulated depreciation on these fixtures is $9,750 at the time of sale. The fixtures are sold for $4,500.The value of this transaction in the Investing section of the statement of cash flows is:
a. $12,500
b. $2,750
c. $4,500
d. $1,750
which accounting process is the recognition or non-recognition of business activities as accountable events?
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