Examlex
The statistical definition of abnormal focuses on
Loss on Disposal
The financial loss incurred when an asset is sold for less than its book value.
Accumulated Depreciation
The cumulative depreciation of an asset up to a single point in its life, representing how much of the asset's value has been used up.
Gain Reported
The difference reported in financial statements when the sale price of an asset exceeds its book value.
Carrying Amount
The book value of an asset or liability on a company's balance sheet, calculated as its original cost minus depreciation, amortization, or impairment costs.
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