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A gain on the disposal of an asset occurs when the: asset's book value is greater than the selling price. asset's cost is greater than
A gain on the disposal of an asset occurs when the: asset's book value is greater than the selling price. asset's cost is greater than the asset's accumulated depreciation. selling price is greater than the asset's book value. accumulated depreciation is greater than the asset's book value.
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Cornerstones of Managerial Accounting
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
2nd Canadian edition
978-0176721237, 978-0176530884
