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Which of the following is not included in the cost of land purchase price signs surveys and legal fees delinquent property tax A truck cost
Which of the following is not included in the cost of land
purchase price
signs
surveys and legal fees
delinquent property tax
A truck cost $60,000 when purchased and has a $55,000 balance in the accumulated depreciation account. If the truck is discarded we will record
loss on disposal
gain on disposal
no gain or loss because discarded
loss of 60k
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