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Land costing $91,580 was sold for $74,762 cash. The loss on the sale was reported on the income statement as other expen
Posted: Wed Jul 06, 2022 6:25 am
by answerhappygod
- Land Costing 91 580 Was Sold For 74 762 Cash The Loss On The Sale Was Reported On The Income Statement As Other Expen 1 (22.31 KiB) Viewed 10 times
Land costing $91,580 was sold for $74,762 cash. The loss on the sale was reported on the income
statement as other expense. On the
statement of cash flows, what amount should be reported as an investing activity from the sale of land? Select the correct answer. O $74,762 O $166,342 O$16,810 O $91,580