How to record sales of fixed assets in QuickBooks Desktop
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YouTubeBOOKIFY SOLUTIONS
How to record sales of fixed assets in QuickBooks Desktop
When a business sells a fixed asset, the transaction must be recorded to reflect the sale proceeds, remove the asset from the books, and recognize any gain or loss. In QuickBooks Desktop, this involves creating a journal entry and adjusting accumulated depreciation. Proper recording ensures accurate financial reporting and compliance with ...
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