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hey everybody welcome to accounting lecture calm today is topic is disposal of long current asset disposal means when you save your fixed assets okay lets assume we have one computer mm-hmm PC we bought it some years ago could be two years three years or even this year now we are selling it if you sell it it does not belong to you anymore so does it should not belong to the companys account to your assets are going down any debris of that particular asset should go down and by selling this asset either you make a profit happy you or you make a loss okay all right now these are the tops we will do right here right now with an example okay this is an example it says Rachel halls financial year runs to 30th December okay nice the on 1st January 2008 her accounts show she owns a car with an original cost of 12,000 and depreciation these are the balance BD like you have it already this is asset and this is Dupree balance BB you only have this value from before last few years on 1st Octob