Where there is a loss on disposal of a fixed asset, it means
A depreciation has been underestimated
B depreciation has been overestimated
C scrap value has not been estimated
D depreciation method used is inappropriate
Answer is B
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Where there is a loss on disposal of a fixed asset, it means
A depreciation has been underestimated
B depreciation has been overestimated
C scrap value has not been estimated
D depreciation method used is inappropriate
Answer is B