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    Financial Accounting Study Set 26
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    Exam 9: The Statement of Cash Flows
  5. Question
    A Gain on Sale of Capital Assets Is Added to Net
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A Gain on Sale of Capital Assets Is Added to Net

Question 54

Question 54

True/False

A gain on sale of capital assets is added to net income when preparing the operating activities section of a statement of cash flows under the indirect method.

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