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Nelson Company Collected the Following Data in Its Accounting Records

Question 38

Multiple Choice

Nelson Company collected the following data in its accounting records in 20B: Nelson Company collected the following data in its accounting records in 20B: No new equipment was purchased during the year. What was the cash inflow from the sale of equipment in 20B? A) $600. B) $1,000. C) $3,900. D) $900. No new equipment was purchased during the year. What was the cash inflow from the sale of equipment in 20B?


A) $600.
B) $1,000.
C) $3,900.
D) $900.

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