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Removing an asset from business records
extCostprice−extAccumulateddepreciation ext{Cost price} - ext{Accumulated depreciation}extCostprice−extAccumulateddepreciation
ext{Annual deprec.} imes rac{ ext{Months owned}}{12}
extAmountreceived−extCarryingvalue ext{Amount received} - ext{Carrying value}extAmountreceived−extCarryingvalue
Cost price, accum. deprec., disposal amt, profit/loss
Amount received >>> Carrying value
Amount received <<< Carrying value
Zero (must balance to zero)
Cash sale, credit sale, trade-in, withdrawal, donation
Total depreciation charged from purchase to disposal date
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