A plant asset with a cost of $360000 and accumulateddepreciation of $342000 is sold for $42000. What is the amount ofthe gain or loss on disposal of the plant asset? (Points : 1) $42000 loss. $24000 loss. $24000 gain. $42000 gain.
Your email address will not be published. Required fields are marked *
Comment *
Name *
Email *
Website
Save my name, email, and website in this browser for the next time I comment.
Δ