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  • Jun 28, 2009, 11:25 PM
    jascoco
    Sale of Fixed Assets
    What is the accounting treatment of agents fees for the sale of a non current asset, Should they be expensed or capitalised?
  • Jul 1, 2009, 04:17 AM
    rehmanvohra

    Agents fee on disposal should be charged to disposal account which will reduce the disposal receipts. These fees are payable to the agent for his services which results in an ultimate disposal of the asset.

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