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(Please don't let AI solve the question.) - A company sells a plant asset which originally cost 120.000 TL for 40.000 TL on December 31,
(Please don't let AI solve the question.) - A company sells a plant asset which originally cost 120.000 TL for 40.000 TL on December 31, 2019. The accumulated depreciation account had a balance of 48.000 TL after the current year's depreciation of 12.000 TL had been recorded. The company should recognize aNo a. 80.000 TL loss on disposal b. 35.000 TL gain on disposal c. 32.000 TL loss on disposal d. 20.000 TL loss on disposal
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