Disposal Method

Choose from the following types of disposal:

• Disposal with Cash Proceeds - must enter dollar value of sale of asset in amount field (can be positive, negative, or zero); gain/loss amount on disposal calculated as Disposal Value - (Acquisition Value - (Depreciation Start Balance + Accumulated Depreciation))
• Simple Disposal - company does not receive money for disposal of asset; loss/write-off amount calculated as Acquisition Value - (Depreciation Start Balance + Accumulated Depreciation)