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Business, 09.04.2020 03:57 korban23

1. Your company has sold an operating plant for $5 million. The value of the plant on your company’s balance sheet is $3 million. Given the basic accounting equation what will the result of this transaction be? Please show the amounts and the balance sheet categories that are changed.

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1. Your company has sold an operating plant for $5 million. The value of the plant on your company’s...

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