journal to record a disposal
valentino46
Registered Posts: 124 Dedicated contributor 🦉
hi guys,
im having a complete blank with this assignment ive gone back to have a look at!
i need to prepare a journal to record the disposal of a fixed asset and the part exchange allowance provided, i cant blinkin remeber what i have to put where. Im sure of the first two entris but the rest have gone, gone, gone!!
tks
im having a complete blank with this assignment ive gone back to have a look at!
i need to prepare a journal to record the disposal of a fixed asset and the part exchange allowance provided, i cant blinkin remeber what i have to put where. Im sure of the first two entris but the rest have gone, gone, gone!!
tks
0
Comments
-
Disposals P & L..........................Dr X
Asset disposal...........................Cr X
Asset accum dep'n disposal..........Dr X
Then the part exchange proceeds
Asset additions.........................Dr X
Disposals P & L.........................Cr XRegards,
Burg0 -
thanks burg0
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