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What is Proceeds from sale of fixed assets?

Oliver Davis | 2023-06-05 18:08:42 | page views：1782
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Benjamin Collins

Works at the International Energy Agency, Lives in Paris, France.
The gain or loss is calculated as the net disposal proceeds, minus the asset's carrying value. Here are the options for accounting for the disposal of assets: No proceeds, fully depreciated. Debit all accumulated depreciation and credit the fixed asset.Sep 28, 2017
2023-06-11 18:08:42
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Ava Martinez

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The gain or loss is calculated as the net disposal proceeds, minus the asset's carrying value. Here are the options for accounting for the disposal of assets: No proceeds, fully depreciated. Debit all accumulated depreciation and credit the fixed asset.Sep 28, 2017
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