promotion image of download ymail app
Promoted

Disposal fixed asset

請列出disposal fixed asset 會牽涉到的會計賬目

如gain 會點? loss 又會點?

1 Answer

Rating
  • 1 decade ago
    Favorite Answer

    For example :

    your asset cost - $1000; net book value - $400; sale of the asset at $650, obviously you will get profit ($250) on sale of the asset (650-400)

    Entry :

    Dr. Cash (B/S) $650

    Dr. Provision for depreciation (B/S) $600

    Cr. Fixed Assets (B/S) $1,000

    Cr. Gain on disposal (P&L) $ 250

    If you sell the asset at $300, entry will be :

    Dr. Cash (B/S) $300

    Dr. Provision for depreciation (B/S) $600

    Dr. Loss on disposal (P&L) $100

    Cr. Fixed Assets (B/S) $1,000

    • Commenter avatarLogin to reply the answers
Still have questions? Get your answers by asking now.