Accounting

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

  Dictionary  »  Letter L  »  loss on sale of land

loss on sale of land

A non-operating item resulting from the sale of this long-term asset for less than its carrying amount (or book value).


» For more clarity on this term: 

  ← Go Back


Take our accounting exams online (1,660 questions) when you join AccountingCoach Pro.




Cheat sheet

Receive our popular 15-page Cheat Sheet at no cost when
you join our free newsletter:


First Name:
Email Address:

85,000+ have already joined