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Accounting recognition should be given to some or all of the gain on a nonmonetary exchange of plant assets except when the exchange has a.no
Accounting recognition should be given to some or all of the gain on a nonmonetary exchange of plant assets except when the exchange has
a.no commercial substance and additional cash, accounting for 10% of the total fair value of the exchange, is paid.
b.no commercial substance and additional cash, accounting for less than 10% of the total fair value of the exchange, is received.
c.commercial substance and additional cash is paid.
d.commercial substance and additional cash is received.
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