Accounting Question | Reselling Old Equipment?

aegross aegross at gmail.com
Sun Jul 2 20:13:21 EDT 2017


This is more of an intellectual curiousity for me than a serious matter.  In
proper double accounting, when selling an old asset, in this case an old
mobile phone (hence this is a small matter), proper accounting would say the
proceeds should go into an income account correct? 



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