If an asset is sold for more than its book value, there is a gain; if an asset is sold for less than its book value, there is a loss; and if an asset is sold for exactly book value, there is no gain or loss. Often, plant assets are traded in for other plant assets.
The following list includes all current and former arenas used by current and defunct teams playing in the National Basketball Association (NBA). Other information included in this list are arena locations, seating capacities, years opened and in use. The United Center has the highest capacity of any current NBA arena at 20,917. Madison Square Garden and The Palace of Auburn Hills are the only current arenas not to be named after corporate sponsors. That number will shrink to one with the opening of Little Caesars Arena, which will replace The Palace of Auburn Hills.
Quicken Loans Arena has a capacity of 20,562 with basketball. Meanwhile, it lessen down to 19,941 with hockey or 10,025 with curtain system. It is formerly Gund Arena and is t â¦ he home court of the Cleveland Cavaliers.