Statement of Cash Flows: How to Account for a Disposal of Fixed Assets
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Statement of Cash Flows: How to Account for a Disposal of Fixed Assets
This video shows how to account for the disposal of a fixed asset on the Statement of Cash Flows. The cash proceeds from the sale of the fixed asset are shown as a cash inflow in the cash flow from investing activities section. Any gain or loss recognized on the sale must be removed when adjusting Net Income to cash flow from operating ...
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