fixed asset 要做 disposal

fixed asset 要做 disposal 的 accounting enty 點入?

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  • 1 decade ago
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    A simple issue is Cost Dr. $100 Accumulated Depreciation Cr. $40

    Dr. Disposal of fixed Assets and Cr. Fixed Assets - Cost $100, being original cost transferred to disposal Account

    Dr. Accumulated Depreciation and Cr. Disposal of Foxed Assets $40, being accumulated depreciation transferred.

    If there is no sales proceed on disposal of this asset, the remaining balance in the disposal of Fixed Assets Account of $60 will be an expense item in the Profit and Loass Account ( Income Statement ).

    If there is a sale proceed on disposal say, $20, this transaction will be Dr. Bank / Cash and Cr. Disposal of Fixed Assets Account $20. The remaining balance of Disposal Account $40 will then be an expense item in the Profit and Loass Account ( Income Statement ).

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