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(Solution) - The T accounts for Equipment and the

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The T accounts for Equipment and the related Accumulated Depreciation for Pettengill Company at the end of 2010 are shown here.

In addition, Pettengill Company?s income statement reported a loss on the sale of equipment of $5,500.What amount was reported on the statement of cash flows as ?cash flow from sale ofequipment??


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This question was answered on: Jul 11, 2017

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