Are you looking for how to Dispose Identification Log For Free or make other edits to a document without downloading any application? Then, DocHub is what you’re after. It's easy, user-friendly, and secure to utilize. Even with DocHub’s free plan, you can benefit from its super useful tools for editing, annotating, signing, and sharing documents that enable you to always stay on top of your tasks. Additionally, the solution provides smooth integrations with Google services, Dropbox, Box and OneDrive, and others, allowing for more streamlined transfer and export of documents.
Don’t spend hours looking for the right solution to Dispose Identification Log For Free. DocHub provides everything you need to make this process as simplified as possible. You don’t have to worry about the security of your data; we comply with standards in today’s modern world to shield your sensitive information from potential security threats. Sign up for a free account and see how effortless it is to work on your paperwork efficiently. Try it today!
in this video were going to talk about how to account for the disposal of a fixed asset so fixed assets also are known as long-live dassit sand theyre basically assets that provide value for longer than one year for the firm so it could be property plant and equipment or it could be some type of intangible asset but usually its PPE that were thinking about when were talking about a disposal so to calculate the gain or loss on the disposal what were going to do is were going to take the proceeds from the sale so if we sell a piece of equipment how much cash or what do we receive whats the proceeds and then we subtract the net book value of the asset which is the original cost minus the accumulated depreciation and that gives us the gain or loss now I know thats a lot to process so I want to walk through an example I think itll make it a little bit easier for you to understand and Ill show you the journal entries and so forth so lets say January 1st 2018 you decide your fir