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Balance Sheet 2010 2009

Buildings $35,000 $35,000

Less: Accum. Depr. (16,500) 18,500 (15,00) 20,000

Equipment $28,350 $24,150

Less: Accum. Depr. (20,900) 7,450 (17,900) 6,250

That is the section of the BS that I am most confused about. HELP ASAP.
Which figures do I use to calculate increase in deprecation expense to be added back to net income?
What about Equipment and Building? Which figures will I use to put into the Investing Activities?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9969351

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