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What was the loss on the sale of land recorded by mkh company in 20x1?
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What was the loss on the sale of land recorded by mkh company in 20x1?

User Srgsanky
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Calculation of the loss on sale of land recorded by MKH company on 20 x 1:

Book value of land = $19200

Sale value of land = $8000

Book value of land - Sale value of land

$19200 - $8000

= $11200


User Mauro Insacco
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