If a company sells an asset used in its operation, like an automated assembly line, the revenues from such a sale will s
Posted: Thu May 19, 2022 12:22 am
If a company sells an asset used in its operation, like an
automated assembly line, the revenues from such a sale will show up
in the
Group of answer choices
Balance sheet
Statement of cash flows
Income statement in the operating revenues
Income statement in the “other revenue” category because such a
transaction is not a normal part of the company’s operating
business.
automated assembly line, the revenues from such a sale will show up
in the
Group of answer choices
Balance sheet
Statement of cash flows
Income statement in the operating revenues
Income statement in the “other revenue” category because such a
transaction is not a normal part of the company’s operating
business.