What happens if a company sells a long- lived asset that is part of its inventory to

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What happens if a company sells a long- lived asset that is part of its inventory to another company in the consolidated group instead of one that is shown as a capital asset on the books of the selling company?

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Advanced Financial Accounting

ISBN: 978-0137030385

6th edition

Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay

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