What is the journal entry to write off a fully depreciated asset?

1 answer

Answer

1010517

2026-04-04 02:40

+ Follow

[Debit] Cash (if any) xxxx

[Debit] Accumulated depreciation xxxx

[Debit] Loss on disposal of asset (if any) xxxx

[Credit] Asset account xxxx

[Credit] Profit on disposal of asset(if any)xxxx

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.