1 gross poster colours your about for 10368 and sold for rupees 80 is what is a gain or loss
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- Answer:
- gain or loss
loss
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Answered by
1
Answer:
gain or loss
Explanation:
The gain or loss on the sale of an asset used in a business is the difference between 1) the amount of cash that a company receives, and 2) the asset's book value (carrying value) at the time of the sale. ... If the cash received is less than the asset's book value, the difference is recorded as a loss.
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