The T-accounts for Equipment and the related Accumulated D

By admin / June 23, 2020

The T-accounts for Equipment and the related Accumulated DepreciationEquip. for Coldsmith Company at the end of 2014 are shown here. Equipment Beg. bal. 155120 Disposals 42658 Acquisitions 80662 End. bal. 193124 Accum. Depr.Equip. Disposals 9889 Beg. bal. 86286 Depr. exp. 23268 End. bal. 99665 In addition Coldsmith Companys income statement reported a loss on the disposal of plant assets of $6787. What amount was reported on the statement of cash flows as cash flow from sale of equipment? Cash flow from sale of equipment $

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