Thanks, when an asset is disposed, you are going to transfer the cost of the asset disposed from the asset account by crediting the asset account and debiting the disposal account. It is the double entry rule we normally use to post the journal. You can watch my lecture on double entry
This was really helpful in the November 2024 diet for Skills Level, question 1on psaf.
Thank you so much Ezikan🙏
Glory be to God. Thank you very much.
Well done sir.. God bless you for the good work. More Grace
God bless you sir🙏
Please sir do you have a video where you explained journal entries intensively?
God bless you sir, please why do you debit Disposal of assets. Please explain with the debit and credit rules that you explained earlier. Thanks 🙏
Thanks, when an asset is disposed, you are going to transfer the cost of the asset disposed from the asset account by crediting the asset account and debiting the disposal account.
It is the double entry rule we normally use to post the journal.
You can watch my lecture on double entry
Okay Sir thanks