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Find xyz corporation statement of cash flows for the year

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Reference no: EM132549846

Question 1: XYZ Corporation sold some of its plant assets during 2019. The original cost of the plant assets was P600,000 and the accumulated depreciation at the date of sale was P560,000. The proceeds from the sale of the plant assets were P85,000. The information concerning the sale of the plant assets should be shown on XYZ Corporation's statement of cash flows (indirect method) for the year ended December 31, 2019 as

Reference no: EM132549846

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