When an Item of Property,plant and Equipment Is Sold,if the Carrying

question 80

True/False

When an item of property,plant and equipment is sold,if the carrying amount is higher than the sales price,there will be a loss on sale.

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Definitions:

Enzymes

Biological catalysts that speed up chemical reactions in the body without being consumed by the reactions.

Hormones

Chemical messengers produced by glands that regulate various functions in the body by acting on specific target organs.

Amino Acids

The building blocks of proteins, consisting of a central carbon atom bonded to an amino group, a carboxyl group, a hydrogen atom, and a variable side chain.

Proteins

Massive biological molecules, known as macromolecules, are composed of one or more extended sequences of amino acid residues and fulfill a wide range of roles in organisms.