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Journal entryIntermediatePublished

Question · Investing activities

Dalmont sells an office building: cost 1,250,000, accumulated depreciation 610,000, price received by transfer 905,000 (case data). Record the disposal entry and identify the cash flow presented.

Cost of the building
1,250,000
Accumulated depreciation
610,000
Price received
905,000
Your answer
  1. Line 1

    Account Cash

  2. Line 2

    Account Accumulated depreciation

  3. Line 3

    Account Building (cost)

  4. Line 4

    Account Gain on disposal

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