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Slide notes: In this tutorial, we perform Disposal of an Asset by Selling it.

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Slide notes: We always sell to an Account in the Ledger. If the sale is to a Customer, i.e. a Debtor Account or other, then we can perform an additional Journal afterwards to reflect that, but when we perform the Disposal of the Asset from the Asset Register, then it is always to a GL Account.

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Slide notes: When we look at the Asset afterwards, it is still in the Asset Register as a record for historical Reporting, but flagged as being sold.

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Slide notes: On the Asset Item Values, we see an Asset with zero Net Book Value, flagged as sold at a Loss.

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Slide notes: And when we drill the Transaction History on the Asset Financial Account, we can see the Journals and effect in the Accounts.

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