Business, 05.07.2020 14:01 brielled5203

The following information is available from the land account: Opening balance $270,000 Sold for $200,000 cash 170,000 credit entry Purchased for $120,000 cash 120,000 debit entry Ending balance 220,000 Items in the Investing Activities section of the statement of cash flows should include a. cash received from sale of land, $200,000. b. loss from land transactions, $(50,000). c. cash received from sale of land, $170,000. d. gain on sale of land, $30,000.

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The following information is available from the land account: Opening balance $270,000 Sold for $200...

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