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Shannon Peterson
on Nov 14, 2024

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A loss on sale of equipment is included in the investing activities on the statement of cash flows.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments, part of a company's cash flow statement.

Loss

Refers to the decrease in economic benefits during an accounting period, which typically includes expenses exceeding income.

Sale of Equipment

The process of selling off business equipment, often recognized as a financial transaction that can result in a gain or loss in accounting records.

  • Demarcate the differences in cash flows associated with operational activities, investments, and financing strategies.
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Denis BarrosNov 15, 2024
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