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Greer Imports sold a plant asset for cash of $31 000. The accumulated amortization amounted to $42 000 and a loss of $2 000
Greer Imports sold a plant asset for cash of $31 000. The accumulated amortization amounted to $42 000 and a loss of $2 000 was recognized on the sale. Under these circumstances, the original cost of the asset must have been:
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International Accounting
Authors: Timothy Doupnik, Hector Perera
3rd Edition
978-0078110955, 0078110955
