Solved: Asset is included as a negative amount in the operating, Accounting Basics

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Asset is included as a negative amount in the operating

Could you please research and explain the reason gain on sale of an asset is included as a negative amount in the operating activity section of the statement of cash flows? Also, could you please research and explain the reason a loss on sale of an asset is included as a positive amount in the operating activity section of the statement of cash flows? Be specific in providing your explanation with examples.

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Accounting Basics: Asset is included as a negative amount in the operating

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Accounting Basics: Asset is included as a negative amount in the operating

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