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单词 gain on sale of automobile
释义

gain on sale of automobile

Definition
This transaction is recorded from the difference between what vehicle sold for and how much the vehicle is currently valued at. For example, a car is valued at $2,500 but sold for $3,000. The difference of $500 is recorded as an increase on the balance sheet.
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更新时间:2025/3/14 10:34:09