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How to Record the Sale of a Fixed Asset in QuickBooks Online? | #record sale of assets in QuickBooks

How to Record the Sale of a Fixed Asset in QuickBooks Online?

How to Record the Sale of a Fixed Asset in QuickBooks Online?

Record the sale of fixed assets in QuickBooks Online by creating a journal entry that debits the sale price, and accumulated depreciation, and credits the asset account. Accurately reflect gains/losses.