This video shows how to account for the disposal of a fixed asset (aka long-lived asset). An example is presented to demonstrate the journal entry required to record the sale of a fixed asset. The video also explains how to calculate the gain or loss on the disposal.
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Watch video Disposal of Fixed Assets online without registration, duration hours minute second in high quality. This video was added by user Edspira 17 October 2016, don't forget to share it with your friends and acquaintances, it has been viewed on our site 93,432 once and liked it 805 people.