If a Plant Asset Is Sold at a Gain the Gain

question 46

True/False

If a plant asset is sold at a gain the gain on disposal should reduce the cost of goods sold section of the income statement.

---

Definitions:

Excitation And Inhibition

Fundamental processes in the nervous system that activate or suppress the activity of neurons, shaping neural responses and behaviors.

Microbiome

A community of microorganisms, such as bacteria, viruses, fungi, and their genetic material, that lives in a particular environment, especially within the human body.

Left Hemisphere

The half of the brain typically responsible for tasks that involve logic, analytical thinking, and language processing in most right-handed individuals.