Losses on the sale of long-term assets for cash are the excess of the...
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Accounting
Losses on the sale of longterm assets for cash are the excess of the book value over the cash received recorded as a credit reported on a netoftax basis, if material the excess of the cash received over the book value 
Losses on the sale of longterm assets for cash are
the excess of the book value over the cash received
recorded as a credit
reported on a netoftax basis, if material
the excess of the cash received over the book value
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