Business, 18.12.2019 23:31 jermainedwards
Last year acre charged $2,360,000 depreciation on the income statement of andrews. if acre sold a fully depreciated piece of equipment at a loss, the effect on andrews's financial statements would be (all other items remaining equal):
select: 1
a. increase net cash from operations
b. decrease net cash from operations on the cash flow statement
c. just impact the balance sheet increase net cash from operations
d. no impact on net cash from operations
Answers: 2
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The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?
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Last year acre charged $2,360,000 depreciation on the income statement of andrews. if acre sold a fu...
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