The Gain or Loss on the Disposal of Equipment Is

question 126

Multiple Choice

The gain or loss on the disposal of equipment is determined by _____.

• A)adding the book value of the old equipment to the cost of the new equipment
• B)adding the disposal value and the book value of the old equipment
• C)subtracting the book value from the cash received for the old equipment
• D)subtracting the book value of the old equipment from the cost of the new equipment

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Definitions:

Serratus Ventralis

A muscle of the chest that helps in the movement of the scapula and supports respiration.

Ventral Surface

The front or anterior part of the body in humans, or the lower or belly side in animals.

Cephalic

Pertaining to the head or the head end of the body.

Trapezius

A large, triangular muscle extending over the back of the neck and shoulders that moves the head and shoulder blade.