Asset Disposal (Asset realisation) Journal Entries | Steps with Examples

In this lesson, we explain what asset disposal is and how to record the disposal of an asset (Fixed Asset Realisation) using journal entries. We also explain and go through an example of how to account for and record profit on disposal as well as a loss on disposal of an asset.
Asset Disposal (Fixed Asset Realisation) | Trade-In Example: • Asset Disposal (Fixed ...
Asset Disposal (Fixed Asset Realisation) Explained with T Accounts Example (where an asset was sold on cash at the carrying value): • Asset Disposal (Fixed ...
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Understanding Depreciation Terms: • Understanding Deprecia...
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[@love.yolani]

This why beautifully explained, i finally understand asset disposal

[@user-xb4dn1em3z]

Thanks for helping us

[@SiyavuyaGazi-mo3js]

Thank you Mr

[@mokhobedimasechabazwanekob8757]

Thank you so much sir

[@SmphiweMayela]

please help me understand what to record on the DR & CR sides.

[@melanyjoji2356]

Thank you for the help!

[@ukwimisakala7002]

Any videos on Liquidation methods ?

[@arielsales8508]

Where did you get the Accum dep. of 27k If the ammotization only started march 1 2022?

[@basetsanamonga6166]

What is fixed asset register?

[@karenmaliwa]

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[@karolinesheefeni8121]

👏👏👏

[@leratochitaya7884]

hi is the a way of communicating with you off CZcams ...I need help with accounting

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