Fixed Assets - EBS (MOSC)

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Asset Addition, Depreciation, Retirement - Accounting Entries

edited Feb 17, 2018 4:05AM in Fixed Assets - EBS (MOSC) 8 commentsAnswered

Hi Everyone,

Need to know the accounting entries for three process,

1. Asset Addition

2. Asset Depreciation

3.Asset Retirement

And also, how to calculate gain/loss for an asset after retirement.

Can anyone suggest a solution for the problem.

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