Activities Involved with the Fixed Assets Disposal Phase of the Fixed

Multiple Choice

Activities involved with the fixed assets disposal phase of the fixed assets processes include all of the following, except:

A) Adjusting periodic depreciation
B) Disposed assets are removed from the fixed asset subsidiary ledger
C) Gains or losses resulting from disposal are computed
D) The depreciation amounts related to the disposed assets are removed from the depreciation schedule and the fixed asset subsidiary ledger