Asset Disposal (Fixed Asset Realisation) Explained with T Accounts Example

This lesson explains what asset disposal (Fixed Asset Realisation) is and how to record the disposal of an asset using the T Accounts (Asset Account, Accumulated Depreciation Account, and the Asset Disposal Account / Fixed Asset Realisation Account).

Asset Disposal Journal Entries | Steps with Examples:    • Asset Disposal (Asset realisation) Jo...  

Accounting for Beginners | Part 1 | The Accounting Equation:    • Accounting for Beginners | Part 1 | T...  

Accounting for Beginners | Part 3 | General Ledger (T-Accounts):    • Accounting for Beginners | Part 3 | G...  

Asset Disposal | Trade-In Example:    • Asset Disposal (Fixed Asset Realisati...  

Depreciation Calculation Examples:

Straight Line Method & Diminishing Balance Method:    • Straight Line Method vs Diminishing B...  

Understanding Depreciation Terms:    • Understanding Depreciation Terms  

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