If a Company Has Both a Receipt and Payment of Cash

question 114

Multiple Choice

If a company has both a receipt and payment of cash related to the acquisition of equipment for $15,000 cash and the sale of machinery for $10,000 cash, the

• A)two cash effects can be netted and presented as one item in investing activities.
• B)cash receipt from the sale and cash payment for the acquisition should be reported separately in investing activities.
• C)two cash effects can be netted and presented as one item in financing activities.
• D)cash receipt and cash payment should be reported separately in financing activities.

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The act of looking directly into another person's eyes, which is a significant component of non-verbal communication and social interaction.