account

Recording Asset Acquisition, Depreciation Expense, and Disposal

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welcome

to uh an exercise that deals with about

three different things we're going to uh

continue our discussion of

fixed assets and we're going to discuss

uh asset acquisition and how we record

costs

we're going to record some depreciation

and then finally we are going to uh

dispose of the asset after some time so

we're gonna we're gonna with a very

limited scenario we're going to trace an

asset

um looks like a machine all the way from

asset acquisition all the way through to

disposal or

disposition sale of the asset however

you want to however you want to put it

okay so when we see disposal here that

generally means that we are selling it

for uh for cash


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