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when will a company record a loss on a sale of a long-term asset? ...

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Accounting

when will a company record a loss on a sale of a long-term asset?
Group of answer choices
When the book value of the asset is more than the cash received
When the book value of the asset is less than the cash received
When the cost of the asset is more than the cash received
When the cost of the asset is less than the cash received.

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