Accountancy, asked by smartgirl82, 2 months ago

Apple Inc. has an equipment with accumulated depreciation of $200,000 as on December
31, 2016. The equipment was purchased on January 1, 2015 for $500,000. On December
31, the equipment is sold for $350,000. How would this sale of equipment be reported on
statement of cash flows?


a. Operating activities +$50,000, Investing activities +$300,000

b. Operating activities +S50,000, Investing activities +$350,000

c. Operating activities +$50,000, Investing activities +$500,000

d. Operating activities -$50,000, Investing activities +$350,000​

Answers

Answered by riyasvkvalayam
2

Answer:

sorry I don't know the Answer

Answered by sakshiksg2499
9

Answer:

a. Operating activities +$50,000, Investing activities +$300,000

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