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When a plant asset is retired, the difference between the plant asset's cost and the...

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Accounting

When a plant asset is retired, the difference between the plant asset's cost and the accumulated depreciation of the same plant asset is
debited to the Sale of Plant Assets account.
recognized on the income statement as a loss on disposal of plant asset.
subtracted from the Accumulated Depreciation account.
None of these
an increase to cash.
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