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Business, 30.03.2020 19:28 Derrick253

G A loss on the sale of an asset that is depreciable and used in business is ; a loss on the sale of a nominal depreciable asset is . A. deductible from capital gains income; deductible from ordinary income B. deductible from ordinary income; deductible only against capital gains C. not deductible; deductible only against capital gains D. a credit against the tax liability; not deductible

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