Shively mfg. co. sold for $18,000 equipment that cost $40,000 and had a book value of $30,000. shively would report:

(a) operating cash inflows of $18,000.
(b) financing cash inflows of $18,000.
(c) investing cash inflows of $18,000
(d) operating cash inflows of $8,000.

Prior to its closing, income summary had total debits of $1,190,500 and total credits of $1,476,300. what purpose is served by the income summary account and what is the nature of the entries that resulted in the $1,190,500 and the $1,476,300? the income summary account is used to the accounts. the $1,190,500 represents the , and the $1,476,300 represents . the company had of $ .

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.