When there is a disposition of a depreciable property, an amount will be deducted from the UCC
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Question:
When there is a disposition of a depreciable property, an amount will be deducted from the UCC balance in the relevant CCA class. The deduction will be equal to the lesser of, EXCEPT:
a. The proceeds of disposition.
b. The capital cost of the amortized assets
c. All of the Above
d. The capital cost of the individual asset
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
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