blue co. sold plant assets costing $15,000 with accumulated depreciation of $10,000 for $7,000. as a result, blue co will report on the statement of cash flows in the cash flows from investing activities section. multiple choice question. a decrease of $7,000 in the investing activities section a gain of $2,000 in the financing section an increase of $7,000 in the investing activities section a loss of $2,000 in the financing section

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06-12-2022
Business

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blue co. sold plant assets costing $15,000 with accumulated depreciation of $10,000 for $7,000. as a result, blue co will report on the statement of cash flows in the cash flows from investing activities section. multiple choice question. a decrease of $7,000 in the investing activities section a gain of $2,000 in the financing section an increase of $7,000 in the investing activities section a loss of $2,000 in the financing section

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