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peartrout192Lv1
11 Dec 2019
A loss on disposal of a plant asset is reported in the financial statements
a. in the Other Expenses and Losses section of the income statement
b. in the Other Revenues and Gains section of the income statement
c. as a direct increase to the capital account on the balance sheet
d. as a direct decrease to the capital account on the balance sheet
A loss on disposal of a plant asset is reported in the financial statements
a. in the Other Expenses and Losses section of the income statement
b. in the Other Revenues and Gains section of the income statement
c. as a direct increase to the capital account on the balance sheet
d. as a direct decrease to the capital account on the balance sheet
Jean KeelingLv2
9 Mar 2020