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If an exchange of nonmonetary assets lacks commercial substance and results in a gain, the gain is entirely deferred if: Select one: a.Cash is received

If an exchange of nonmonetary assetslackscommercial substance and results in a gain, the gain is entirely deferred if:

Select one:

a.Cash is received or if cash is paid

b.Cash is received, but not if cash is paid

c.Cash is paid, but not if cash is received

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