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Journal entry for sale of plant asset | Example
In this case, we can make the journal entry for the $200 gain on the sale of the equipment which is a plant asset as below: This journal entry will remove the $5,000 equipment as well as its $4,000 accumulated depreciation from the balance sheet as of January 1. At the same time, the $200 gain on the sale of plant assets will be recorded in the ...
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Murfreesboro, Tennessee 37128. Phone: +1 615-434-7258. View Details. Email Seller Video Chat. Portable CMI 9X PVM Drum Inventory #: DM2566 CMI 9X PVM drum Portable Triple Axle Has been patched and the shell needs to be replaced Model# PVM9X SR# 104 Portable 3 axle Parallel Flow Dru...See More Details.
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Property, Plant And Equipment - PP&E: Property, plant and equipment (PP&E) is a company asset that is vital to business operations but cannot be easily liquidated, and depending on the nature …
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Property, Plant and Equipment (PP&E) | Formula + Calculator
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When using IronPlanet, you'll find used construction equipment for sale from popular brands like , Ford, John , JLG, and more. - High-end, heavy duty …