Answer:
c. $59,000
Explanation:
The cash flow statements shows the effect of the company's activities on cash. These activities are classed into operating, investing and financing activities.
When an asset is sold, the amount received from the sale is an inflow of cash to the company. This inflow is recognized in the investing segment of the cas flow statement.
Hence, the amount that should be reported as a source of cash under cash flows from investing activities is $59,000.
<span>Products that the consumer does not know about or knows about but does not initially want are referred to as
unsought product. they only buy this product out of danger or it is required. the common unsought products are fire extinguisher and funeral services</span>
Personal loans are unsecured loans offered by financial institutions based on factors such as employment history, repayment capacity, income level, profession, and credit history.
<h3>How do personal loans work?</h3>
When you are approved for a personal loan, the funds are often sent directly into your checking account. When you acquire a loan to refinance current debt, you can occasionally ask your lender to pay your invoices directly.
Prepare to begin payback within 30 days, regardless of how you receive your payments. If you have a variable-rate loan, your interest rate will fluctuate, which may cause the amount you owe to alter from month to month.
When you pay off your personal loan, the credit line is closed.
Thus, Option D is correct which describes personal loans.
For more information about Personal loans refer to the link:
brainly.com/question/19106746
Which accounting principle dictates whether the cost of a repair should be expensed?
d. matching
As per matching concept, All revenues have to be recorded along with expenses incurred to earn those revenues. Thus, revenues need to be accounted.
<span>The reason why the new population exhibits dramatic genetic
difference from the original one probably by chance, the allele frequencies of
the isolated sow bugs differed from those in the original population, and
subsequent genetic drift caused further divergence from the original gene pool.</span>
