A company sells a plant asset that originally cost $300,000 for $100,000 on December 31, 2012. The accumulated depreciation account had a balance of $120,000 after the current year's depreciation of $30,000 had been recorded. The company should recognize a: a. $80,000 gain on disposal.
b. $50,000 loss on disposal.
c. $200,000 loss on disposal.
d. $80,000 loss on disposal.

The company should recognize a: $80,000 loss on disposal--- D

Explanation:

The cost of the plant asset = $300,000

Depreciation for current year = $120,000

Book value of the plant = cost of the plant-Depreciation value

=$300,000 - $120,000

=$180,000

But the sale of Plant = $100,000

Therefore the profit /loss of plant = Sale of asset -  Cost of Asset

=$100,000 -$180,000

=-$80,000 which is a loss.

metallurgy is your answer

the "study of metals and the process of refining ("

note that it says metal. metallurgy has the word "metal" in it, and so is most likely your answer (and is your answer).

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