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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
    A Debit Balance on the Non-Current Asset Disposals Account Means
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A Debit Balance on the Non-Current Asset Disposals Account Means

Question 26

Question 26

True/False

A debit balance on the non-current asset disposals account means that a loss has been made on the disposal of non-current assets.

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