Part A: Record the effect of each of the following sales of long-term assets on the accounting equation.Write in BOTH the correct dollar amounts and the titles of the accounts involved.
Part B: Use your answer from Part A,SALE 2. to answer the following three questions:
a. $7,472 cash from operating activities
b. $30,000 cash from operating activities
c. $7,472 cash from investing activities.
d. $30,000 cash from investing activities
e. $7,472 cash from financing activities
f. $30,000 cash from financing activities
Definitions:
Needs Analysis
The process of determining and assessing gaps between current performance and desired outcomes or competencies, often used to identify training and development needs.
Training And Development
Organizational activities aimed at boosting the performance and efficiency of individuals and groups within a business setting through learning and development opportunities.
Organizational Performance
The analysis of a company's performance against its goals and objectives, often evaluated through financial metrics, productivity, and efficiency.
Task Analysis
The process of breaking down a task into its component steps or operations to understand the skills and knowledge required to perform it.
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