Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a gain on the sale of machinery in the ordinary co

A gain on the sale of machinery in the ordinary course of business should be...

90.2K

Verified Solution

Question

Accounting

A gain on the sale of machinery in the ordinary course of business should be presented in a statement of cash flows (indirect method) as: a. A deduction from net income b. An addition to net income c. An inflow and outflow of cash d. An outflow of cash

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Medical Sciences
1.2K views

A patient has mild metabolic acidosis from a not-too-severe diabetic decompensation leading to keto-acidosis. The patient's...

Psychology
1.2K views

, is American culture overly sexualized? Yes or no? And why?

Advance Math
1.2K views

Problem 2. Let N denote the non-measurable subset of [0, 1], constructed in class and in...

Biology
1.2K views

Those calcium ions bind to troponin causing tropomyosin to move which exposes the active sites...

Basic Math
1.2K views

5 1 1 This table shows some Northwest Coast artists and their cultural heritage Artist...

Calculus
1.2K views

Which of the following show correct inverse trigonometric function values Select all correct answers Select...

Algebra
1.2K views

Find an expression for the perimeter of the figure x 5x 1 Triangle 4x 2...

Accounting
1.2K views

Minden Company is a wholesale distributor of premium European chocolates. The company's balance sheet as...

Accounting
1.2K views

Fastball Delivery Company acquired an adjacent lot to construct a new warehouse, paying $42,000 and...

Accounting
1.2K views

8REA ModelAdirondacks Classic Furniture Adirondacks Classic Furniture (ACF) manufactures a range of rustic chairs, lawn...

Accounting
1.2K views

If XU(8,17) follows a uniform distribution, what is the mean of X?

Accounting
1.2K views

Problems 1 and 2 relate to this information: The current monthly income statement for LLT,...