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Reporting changes in Equipment on Statement of Cash Flows.
An analysis of the general ledger accounts indicates that office equipment, which cost $144,000 and on which accumulated depreciation totaled $60,000 on the date of sale, was sold for $72,000 during the year.
Using this information, indicate the items to be reported on the statement of cash flows.
on september 1520x2 wall company a u.s. firm purchased a piece of equipment from a foreign firm for 500000 in foreign
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The financial reporting carrying value of Boze Music's only depreciable asset exceeded its tax basis by $150,000 at December 31, 2009. This was a result of differences between straight line depreciation for financial reporting purposes and MACRS f..
Ford recently hired twenty employees to work in various departments of the company. On the first day, all twenty had the same orientation and attended the same training and development sessions.
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