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19 April, 11:36

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

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  1. 19 April, 13:01
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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
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