Examlex
Which of the following is NOT true about diphtheroids?
Loss on Disposal
An accounting term referring to the loss incurred when a fixed asset is sold or disposed of for less than its carrying amount on the books.
No Gain
Refers to a situation in financial or business transactions where there is no profit or increase in value.
Gain on Disposal
is the financial profit made from the sale of an asset, which exceeds its carrying amount.
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