Ask Experts Questions for FREE Help !
Ask
    carier's Avatar
    carier Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 26, 2013, 05:36 PM
    Accounting
    I am trying to figure this out for homework, but I don't understand it. Can anyone help please.

    The following transactions occurred at the Lionel Corporation in 2010. Use this information to prepare Lionel's schedule of cash flows from investing activities. A) The company sold a used truck for $4,000 in cash. The original cost of the truck was $19,000. Depreciation of $14,000 had been deducted.B) The company purchased some new equipment for $25,000.
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
    		  
    #2

    Jan 27, 2013, 03:15 AM
    How hard can it be and what specificailly do you want to know, Cash flow means cash flow
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Questions on financial accounting,cost and management accounting [ 3 Answers ]

I want different sets of questions on financial accounting,cost and management accounting for free. I am a teacher in this area

AP Journal Entires - accrual accounting and cash accounting [ 6 Answers ]

What are the journal entries for accrual accounting and cash accounting for an invoice and a payment?

List five differences between management accounting and cost accounting [ 1 Answers ]

Describe five differences between management accounting and cost accounting

View more questions Search