Treatments for exchanges of similar and dissimilar assets

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Reference no: EM13894875

How accounting treatments for exchanges of similar and dissimilar assets works, what gets recognized. do gains on exchanges of similiar assets get recognized or on dissimilar assets? i just can't find the right information on this aspect.

Reference no: EM13894875

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Treatments for exchanges of similar and dissimilar assets : How accounting treatments for exchanges of similar and dissimilar assets works, what gets recognized. do gains on exchanges of similiar assets get recognized or on dissimilar assets? i just can't find the right information on this aspect.

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