Business, 15.11.2019 06:31 Tboogie2037

Acompany sells a plant asset that originally cost $180,000 for $60,000 on december 31, 2007. the accumulated depreciation account had a balance of $90,000 after the current year's depreciation of $15,000 had been recorded. the company should recognize a
a. $30,000 loss on disposal.
b. $30,000 gain on disposal.
c. $60,000 loss on disposal.
d. $60,000 gain on disposal.

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Acompany sells a plant asset that originally cost $180,000 for $60,000 on december 31, 2007. the acc...

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