A. putting up what needs to be done until later
Answer: A - Addition to net income under the operating activities
Explanation: Under the indirect method of cash flow, loss on the sale of equipment will be treated under the operating activities.
Here, the loss will be added under the operating activities of the organisation because it is a loss.
While a profit on sale of equipment will be deducted under the operating activities.
The answer is B. Thanks for your question! Don't forget to rate and give me the brainliest answer! Then, I can help you with all your problems! ^-^ ~
The answer is ♦<span>Claiming someone else's written work as your own.♦</span>
Answer:
a. $720,000
Explanation:
Since in the question, it is given that the equipment is sold at the list price
The list price is $800,000 and the selling percentage is 90%
So, the revenue should be recorded
= List price × selling percentage
= $800,000 × 90%
= $720,000
Simply we multiplied the list with the selling percentage so that the correct amount can come
