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a company sells a plant asset that originally cost 340,000 for 160,000 in cash on december 31 2019. The accumulated depreciation account at the end
a company sells a plant asset that originally cost 340,000 for 160,000 in cash on december 31 2019. The accumulated depreciation account at the end of 2019 had a balance of 300,000. Then company should recognize a A company sells a plant asset that originally cost $340,000 for $160,000 in cash on December 31, 2019. The accumulated depreciation account at the end of 2019 had a balance of $300,000. Then company should recognize a: Select one: O a. $120,000 loss on disposal O b. $40,000 gain on disposal O c. $120,000 gain on disposal O d. $60,000 loss on disposal
a company sells a plant asset that originally cost 340,000 for 160,000 in cash on december 31 2019. The accumulated depreciation account at the end of 2019 had a balance of 300,000. Then company should recognize a
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