11 November 2014
p decides to sell an old piece of equipment & receives rs 5000 cash for it the original cost of equipment was rs 50000 and it had accumulated depreciation of rs 47000. which of the following items would be increased by the sale of old equipment? (check all tat apply)
1. total assets
2. net income
3. cash from financing activities
4. cash from investing activity
5. accumulated other comprehensive income
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