13 Jan Accounting Exam
My Exam is running and i need help in few questions. So, send me bid only if you can help. Exam is proctored. Need it now. I will give you 5 min for each problem.
Atkins Corporation has provided the following information for the year ended December 31.
• The equipment account balance increased 207,000.
• The equipment accumulated depreciation account increased $35,700.
• Equipment costing $51,400 was sold during the year resulting in a $11,050 gain.
• Depreciation expense recorded on the equipment during the year was $66,050.
Which of the following statements is correct with respect to determining cash flow from investing activities? Assume that the equipment purchase and sale resulted in cash flows.
1. $258,400 cash outflow is reported for equipment purchases.
2. $207,000 cash outflow is reported for equipment purchases.
3. $51,400 cash outflow is reported for the equipment sale.
4. $62,450 cash inflow is reported from the equipment sale.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.