answersLogoWhite

0


Best Answer

A disposal account is a gain or loss account that appears in the income statement, and in which is recorded the difference between the disposal proceeds and the net carrying amount of the fixed asset being disposed of.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a disposal account in accounting?
Write your answer...
Submit
Still have questions?
magnify glass
imp