Please fast

39) When a firm sells or abandons an statement measured? is the A) The difference between cash proceeds received and the acquisitod deprecia asset, how is the gain or loss to be recognized on the income and the carrying value of the asset. B) The difference D) The difference between the book value of the asset and 40) Which of the following situations always results asset. between cash proceeds received and the acquisition value of the between cash proceeds received and the accumulated depreciation ot the carrying value of the asset. in a loss on derecognition of an asset? A) The asset is abandoned. B) The cash proceeds from the sale are less than the book value of the asset. C) its book value at the time of derecognition. The carrying value of the asset is less than D) Th e cash proceeds from the sale (if any) are less than the acquisition cost of the asset. 41) Under current accounting practice, what are the two general classes of intangible assets? A) legally restricted and unrestricted B) monetary and non-monetary