Explain how a personal casualty loss is determined


Discussion Post: Casualty Loss

In your own words, explain how a personal casualty loss is determined and how the loss is calculated. Include in your discussion post how the determination of the loss is made, and the limits or floors that are placed on personal casualties, as well as any exceptions to those limits.

The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Accounting Basics: Explain how a personal casualty loss is determined
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