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020 ACT 14001 Sections hentals of Financial Accounting If Schar East Trading Company sold a land for $50,000 that had originally Based on the provided

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020 ACT 14001 Sections hentals of Financial Accounting If Schar East Trading Company sold a land for $50,000 that had originally Based on the provided information which of the following is true a. Sohar East Trading Company will record a loss of $5,000. b. Sohar East Trading Company will record a gain of $5,000. Sohar East Trading Company will record sales revenue of 545,000 d. None of the options

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