Disposal of fixed asset


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 September 2013 HI,

can anybody let me know, what entry should be passed for discarding of assets with details????

19 September 2013 what is the original cost of asset,accumulated depreciation on asset and what about disposal value
.
.
entry will be

Dr.CashA/c
Dr.Acc.dep''
Cr.Gain on disposal
Cr.AssetA/c

(being asset disposed with a gain)

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 September 2013 There is no gain in this and please provide me the details about the accounts for Gain/Loss on disposal....

Thanks!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details