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South Carolina Fixed Asset Removal Form
Category:
State:
Multi-State
Control #:
US-142-AZ
Format:
Word;
PDF;
Rich Text
Instant download
Description
How to fill out Fixed Asset Removal Form?
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FAQ
To write off a fixed asset, first determine the asset’s book value and any accumulated depreciation. Next, remove the asset from your balance sheet by debiting the loss on disposal and crediting the fixed asset account. It’s beneficial to use the South Carolina Fixed Asset Removal Form to document this action for accounting purposes.
