Financial Accounting Discussion Question

https://www.youtube.com/watch?v=s45Fz0JCydM (does not need to be in APA format)

DQ#1 

Please review this video and comment on the process of recording the disposition of plant assets. 

  • What accounts are usually affected by a disposition?
  • Is it possible to have a gain or a loss to record when disposing of an asset?
no min word count, does not need to be in APA format.

 
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