Asset Account

Date Details $ Date Details $

Balance B/d X
Bank Account X Balance C/d X
XX XX
Balance B/d X Disposal Account X
Balance C/d X
XX XX

Provision For Depreciation Account

Date Details $ Date Details $

Balance B/d X
Balance c/d X Income Statement X
XX XX
Balance B/d X
Income Statement X
(Disposed Asset)
Balance c/d X Income Statement X
(Remaining Asset)
XX XX
Disposal Account

Date Details $ Date Details $

Asset Account (Cost Price) X Provision for Depreciation X
(Total Depreciation)
Income Statement (Profit) X Bank Account (Sale Price) X
Income Statement (Loss) X
XX XX

In Disposal Account, if Debit side is more than Credit side than there is Loss on Disposal & if Credit side is more than Debit
side than there is Profit on Disposal.