Fixed assets

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account executive
24 Points Posted on 02 March 2016
how we calculate profit/sale on fixed assets?
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On 02 March 2016 at 17:41 Report
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CA_Final Student
885 Points Posted on 03 March 2016

Profit on Sale of Fixed Asset is Calculated As follows:

Selling Price of Assets - Opening WDV of Assets - Depreciation on Assets upto the date of sale

= Profit on Sale of Assets.

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On 03 March 2016 at 10:00

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