Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. oriole company reported a loss of $1430 for the sa

Oriole Company reported a loss of $1430 for the sale of equipment for cash. The...

90.2K

Verified Solution

Question

Accounting

image

Oriole Company reported a loss of $1430 for the sale of equipment for cash. The equipment had a cost of $35200 and accumulated depreciation of $32450. How much will Oriole report in the cash flows from investing activities section of its statement of cash flows? $1320$33770$1430$4180

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