dawnmyers88
06.01.2021 •
Business
Which of the following relationships between book value and cash received at sale results in a loss on the sale of a long-term depreciable asset?
a. Book value is greater than cash received.
b. The determination of a gain or loss does not involve the book value.
c. Book value is less than cash received.
d. Book value is equal to cash received.
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Ответ:
a. Book value is greater than cash received.
Explanation:
Book value of an asset is the cost of an asset less accumulated depreciation
Cash received is the price the asset is sold for.
If the asset is sold for less than its book value, it is sold at a loss
If an asset is sold for more than its book value, it is sold at a gain
Ответ:
they have interact with others, work outdoors, and focus on details.
Explanation:
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