When an asset is acquired by trading in an asset already owned in exchange for the new one, the amount received on the trade-in is called the---------- .

Name: When an asset is acquired by trading in an asset already owned in exchange for the new one, the amount received on the trade-in is called the---------- .
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The Answer of When an asset is acquired by trading in an asset already owned in exchange for the new one, the amount received on the trade-in is called the---------- .

When an Asset Is Acquired by Trading in an Asset