Disposal of Fixed Assets | Sale of Fixed Assets | Financial Accounting Course CPA Exam FAR ch 8 p 5

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  • Опубліковано 24 лис 2024

КОМЕНТАРІ • 8

  • @agonlinetutor3700
    @agonlinetutor3700 4 роки тому +2

    basic principles are well explained in this video.

    • @AccountingLectures
      @AccountingLectures  4 роки тому

      You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
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    • @agonlinetutor3700
      @agonlinetutor3700 4 роки тому

      @@AccountingLectures I did subscribe sir.

    • @agonlinetutor3700
      @agonlinetutor3700 4 роки тому

      Need your guidance to become a successful tutor on UA-cam. Appreciate if you can share some tips..

  • @Jonida1
    @Jonida1 Рік тому

    With what value it is activated in the books a returned from the sale after 3 months of a used vehicle? It is already writte off in the books.

  • @AliKhan-rx7qt
    @AliKhan-rx7qt 2 роки тому +1

    Hi farhat if I just had to dispose off the asset without gain or loss and no cash or received or paid, what will be the entry???

    • @AccountingLectures
      @AccountingLectures  2 роки тому

      Debit accumulated depreciation and credit the asset.
      Please take a look at my website: www.farhatlecures.com

  • @effeerren934
    @effeerren934 7 місяців тому

    Sorry do I have to add the vat to calculate gain or loss?