dancer30071 dancer30071
  • 05-09-2018
  • Business
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What was the loss on the sale of land recorded by mkh company in 20x1?

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saadhussain514
saadhussain514 saadhussain514
  • 14-09-2018

Calculation of the loss on sale of land recorded by MKH company on 20 x 1:

Book value of land = $19200

Sale value of land = $8000

Book value of land - Sale value of land

                  $19200 - $8000

                              = $11200


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