Business, 14.01.2020 06:31 mpzpowell7506
An asset with a net book value of $1,225 was discarded, having no market value. how much will be recorded as a loss or gain on disposal?
a. loss of $1,225
b. gain of $1,225
c. no loss or gain
d. cannot be determined with the information given.
Answers: 2
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