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    Financial Accounting Study Set 5
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    Exam 10: Long Term Assets
  5. Question
    A $2,000 Gain on the Sale of an Asset Means
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A $2,000 Gain on the Sale of an Asset Means

Question 195

Question 195

True/False

A $2,000 gain on the sale of an asset means that $2,000 in cash was received.

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