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Asset is sold before it is fully amortized, the residual value received is less than the asset's net book value? Select one: a. Additional amortization

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Asset is sold before it is fully amortized, the residual value received is less than the asset's net book value? Select one: a. Additional amortization expense must be recorded. O b. There is no gain or loss on disposal. c. A gain on disposal occurs. O d. A loss on disposal occurs

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