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If the proceeds from the sale of a piece of equipment is more than the book value of the equipment, the journal entry to
If the proceeds from the sale of a piece of equipment is more than the book value of the equipment, the journal entry to record the transaction will include OA no income statement impact. OB, a gain on disposal. C. a loss on disposal. D. expense for the difference.
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College Accounting A Practical Approach
Authors: Jeffrey Slater
12th edition
978-0132772068, 133468100, 013277206X, 9780133468106, 978-0133133233
