What is the difference between gains and proceeds in terms of long-term assets?

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Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118155974

6th edition

Authors: Michael H. Granof, Saleha B. Khumawala

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Question Posted: Nov 30, 2017 10:04 AM

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What is the difference between gains and proceeds in terms of long-term assets?

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The proceed from long term assets is the amount of disposal of that ...View the full answer

Government and Not for Profit Accounting Concepts and Practices

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