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If the asset was sold for more than its book value, there will be a credit in the "Asset Disposal" account. Clear it by debiting it to zero and crediting "Gain on Disposal of Fixed Asset" on the ...
Print Print 2023-05-28 Different categories of cos: SECP gets powers to approve capital expenditure/disposal of fixed assets Sohail Sarfraz Published May 28, 2023 Facebook Whatsapp ...