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    Business
  3. Study Set
    Introduction to Financial Accounting
  4. Exam
    Exam 5: Double-Entry Bookkeeping 2: Books of Prime Entry, Accounting Systems and Other Double-Entry Applications
  5. Question
    If the Total of the Credit Entries on the Non-Current
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If the Total of the Credit Entries on the Non-Current

Question 34

Question 34

True/False

If the total of the credit entries on the non-current asset disposals account is greater than the total of the debit entries, then a profit has been made on the disposal of non-current assets.

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