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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 10: Non-Current Assets: Property, Plant and Equipment, and Intangibles
  5. Question
    A Loss on Disposal of an Asset Is Recorded When
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A Loss on Disposal of an Asset Is Recorded When

Question 20

Question 20

True/False

A loss on disposal of an asset is recorded when cash received is less than the carrying amount.

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