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A company sells machinery at book value. What impact does this have on the company's net income on the income statement? A. It is increased by the sale amount. B. It is decreased by the sale amount. C.
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Dec 15, 2022
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A company sells machinery at book value. What impact does this have on the
company's net income on the income statement?
A. It is increased by the sale amount.
B. It is decreased by the sale amount.
C. It is not changed.
D. It equals the sale amount.
Business
high-school
Spinkoo
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B.It is decreased by the sale amount .
Nancy Xiong
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Dec 17, 2022
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Answer: C. It is not charged.
Explanation: Ap3x
DukeLover
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Dec 22, 2022
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