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barclay, inc. sold equipment that originally cost $30,000 four years ago for $8,000 cash. the equipment had accumulated depreciation totaling $24,000. how will this transaction be listed in the investing activities section of barclay's statement of cash flows?

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varikuppalarajarajes

This transaction is listed as a Cash inflow of $8,000 in the investing activities section of Barclay's statement of cash flows.

Stability Sheet: coins are reduced by using the quantity of the purchase, and PP&E is accelerated through the quantity of the purchase. coins float announcement: the purchase of the system seems as a cash outflow below coins floats from investing activities.

Many accountants choose the oblique approach as it is simple to prepare the coins to drift announcement using records from the opposite two common financial statements, the profits declaration, and the stability sheet.

Learn more about transactions here https://brainly.com/question/1016861

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