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Gains or losses on asset sales get listed where?

User Hover Ruan
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Final answer:

Gains or losses on asset sales get listed on the income statement or the statement of comprehensive income.

Step-by-step explanation:

Gains or losses on asset sales get listed on the income statement or the statement of comprehensive income. These financial statements show the revenue and expenses of a business during a specific period of time. When a company sells an asset, such as a piece of equipment or a property, the gain or loss from the sale is included as part of the company's income for that period.

User Marijana
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