AC 302 WEEK 9 Exercise 23 Question 18

AC 302 WEEK 9 Exercise 23 Question 18
  	Your answer is correct 
The accounts below appear in the ledger of Anita Baker Company.
From the postings in the accounts above, indicate how the information is reported on a statement of cash flows by preparing a partial statement of cash flows using the indirect method. The loss on sale of equipment (November 15) was $6,520

Exercise 23-18
Sale of Equipment = [($66,180 - $25,670) - $6,520] = $33,990

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