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aivan3 [116]
3 years ago
15

The equipment account had a $36,000 balance at the beginning of the year, and a $30,000 balance at the end of the year. The accu

mulated depreciation account had a balance of $22,000 at the beginning of the year, and a $17,000 balance at the end of the year. The income statement reported depreciation expense of $4,000 for the year. Equipment costing $10,000 was sold for its book value. Cash received from the sale to be reported in the Investing Activities section is $
Business
1 answer:
MrMuchimi3 years ago
6 0

Answer:1000

Explanation:

Equipment decreases $6000 ($10000-$4000). Accumulated depreciation decreases $9000 ($22000+4000-$17000). $10000 cost -$9000 accumulated depreciation = $1000 cash received from sale.

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➤ Automobile engines would be most likely to have dependent demand

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ki77a [65]

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