Answer to Question #243098 in Management for aman

Question

old for Br 200 cash an old office equipment with a recorded cost of Br 200 how can i record this

Answer 1

1. Bring the depreciation of outdated office equipment up to date.
2. In the journal, make a note of the disposal.
3. Deduct the cost of the equipment.
4. Depreciation should be written off.
5. Keep track of the amount of money you received in exchange for Br 200.
6. If there is a gain or loss, make a note of it.