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Business, 22.02.2020 00:54 tommy4260

Balance Sheet: Dec. 31, 2018 Dec. 31, 2017 Investments, long-term $ 1,200,000 $ 965,000 Income Statement: 2018 Gain on sale of long-term investments 26,000 During the year, the company sold long-term investments for $80,000 cash. In the statement of cash flows, the investing activities section should show a cash disbursement for "purchases of long-term investments" for $

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Balance Sheet: Dec. 31, 2018 Dec. 31, 2017 Investments, long-term $ 1,200,000 $ 965,000 Income State...
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