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If there is a loss on the disposal of a depreciable asset: A. no cash was received in the disposal transaction B. the net book
If there is a loss on the disposal of a depreciable asset:
A. | no cash was received in the disposal transaction | ||
B. |
| ||
C. | in retrospect, the life over which the asset was depreciated was too short. | ||
D. | in retrospect, the depreciation expense recognized over the asset's life was too low. |
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