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    Accounting Study Set 5
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    Exam 10: Non-Current Assets: Property, Plant and Equipment, and Intangibles
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    When an Item of Property, Plant and Equipment Is Sold
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When an Item of Property, Plant and Equipment Is Sold

Question 24

Question 24

True/False

When an item of property, plant and equipment is sold, if the carrying amount is lower than the sales price, there will be a loss on sale.

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