Using the Indirect Method If Equipment Is Sold at a Gain

question 130

Multiple Choice

Using the indirect method if equipment is sold at a gain the

• A) sale proceeds received are deducted in the operating activities section.
• B) sale proceeds received are added in the operating activities section.
• C) amount of the gain is added in the operating activities section.
• D) amount of the gain is deducted in the operating activities section.

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Definitions:

Enema Tube

A medical device used to inject fluid into the rectum and colon, often for the purposes of clearing the bowels or administering medication or nutrition.

Loose Stools

Bowel movements that are more liquid than solid, often indicative of digestive issues.

Probiotics

Live microorganisms that, when consumed in adequate amounts, confer a health benefit on the host.

Clear Fluids

Liquids that are transparent and free of particulates, such as water, broth, and certain juices, often recommended in medical contexts for various health reasons.