jbednarik4942 jbednarik4942

24-11-2017
Business

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The gain or loss on the sale of a plant asset is determined by comparing the market value of assets received with the ________ of asset sold.

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Kalahira Kalahira

06-12-2017

This would be the book value of assets sold. Because of the historic cost principle, an asset's base worth must be what it is initially bought for.

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