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5. A loss on disposal of a plant asset is reported in the financial statements a. b. in the Other Revenues and Gains section

 

5. A loss on disposal of a plant asset is reported in the financial statements a. b. in the Other Revenues and Gains section of the income statement. in the Other Expenses and Losses section of the income statement. as a direct increase to the capital account on the balance sheet. as a direct decrease to the capital account on the balance sheet. C. d.

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