in what ways can hoodies be disposed of ?explain the transaction records along with the outline for each route
Answers
Explanation:
Host a garage sale & donate the proceeds. ...
Directly support those in need locally. ...
Donate clothes to retailers & receive a discount. ...
Seek out local organizations. ...
Thrift it up. ...
Clothing swap with friends & family. ...
Textile recycling. ...
DIY it into something new.
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Answer:
Hoodies as personal assets can be disposed of in these three ways: trade-in as scrap, de-recognition, and outright sale.
Explanation:
The transaction records for each disposal method include removing the asset's cost from the fixed assets register and its accumulated depreciation, recording the disposal receipts, and computing the profit or loss from the disposal if any..
Thus, for the disposal of hoodies (personal assets), the transaction records remove the cost and accumulated depreciation from the accounts, record the disposal receipts, and compute the profit or loss.
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