Accountancy, asked by kiranpatil99998, 4 months ago

sale of investment indicates what​

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Answered by cutie05
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Answer:

When a company sells an investment, it results in a gain or loss which is recognized in income statement. A gain on sale of investment arises when the (disposal) value of an investment exceeds its cost. Similarly, a capital loss is when the value of investment drops below its cost.

Explanation:

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