The biggest difference is that an SPA is the sale of all shares, and an APA is the sale of selected assets. Therefore, they are both different transactions and have different procedures.
Explore the three types of business buying behavior: Straight Rebuy, Modified Rebuy, and New Task. Learn how they influence B2B purchasing decisions. Understanding how businesses make purchasing decisions is more complex than it seems.
How to record disposal of assets Calculate the asset's depreciation amount. The first step is to ensure you have the accurate value of the asset recorded at the time of its disposal. Record the sale amount of the asset. Credit the asset. Remove all instances of the asset from other books. Confirm the accuracy of your work.
Purchasing assets When you buy a company's assets, you buy the property it owns. Because you are not buying the company itself, you will not assume responsibility for its obligations. In this case, the vendor or the company itself will remain responsible for the lease after the sale.
An individual (sole trader) and a company are legal entities as they can own assets, be sued and enter into contracts with other legal entities.
Disposal of assets The disposal of fixed assets involves removing assets from the accounting records. This process is known as derecognition. Derecognition may require recording of a gain or loss on the sale, exchange or transfer of the asset when the disposal occurs.