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ALI

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  • December 6, 2013 at 6:37 pm #151270
    mysteryALI
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    thanks very much…you mean in f9 scrap value is cash received?

    December 6, 2013 at 2:32 pm #151083
    mysteryALI
    Member
    • Topics: 5
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    • ☆

    Then why we consider gain or loss in calculating cash received from sale of equipment in investing activities under cash flow statement……..? Formula we use is Historical cost of asset – accumulated depreciation and plus minus gain or loss….? please help me to clarify my concept…?

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