Accountancy, asked by tockhoi, 4 months ago

When an asset is sold, there will be either dash or dash on sale of asset

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Answered by beautyoveloaded1097

Answer:

An asset sale occurs when a company sells some or all of its actual assets, either tangible or intangible. In an asset sale, the seller retains legal ownership of the company but has no further recourse to the sold assets. The buyer assumes no liabilities in an asset sale.28-Oct-2019

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