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Question 12 The Loss on Sale of Asset indicates the amount by which the asset's sales price is less than its book value. True

Question 12 The Loss on Sale of Asset indicates the amount by which the asset's sales price is less than its book value. True False Question 13 0.1 pts 0.1 pts When Carson Real Estate Company sells equipment for a loss, the Loss on Sale of Asset is treated as accumulated depreciation. True False

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