assetForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › assetThis topic has 1 reply, 2 voices, and was last updated 3 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts November 22, 2021 at 2:58 pm #641322 sguhaParticipantTopics: 64Replies: 42☆☆when calculating gain/loss on disposal of asset, we compare disposal proceeds against c.v of the asset at the date of disposal.if there is any cost of disposal present should we need to adjust that also reducing the disposal proceeds November 27, 2021 at 7:40 am #641745 P2-D2KeymasterTopics: 4Replies: 7082☆☆☆☆☆Hi,No, the gain/loss on disposal is simply the proceeds less the carrying value.ThanksAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In