Disposal of capital assets is a hot topic for Level 3 students sitting the Financial Accounting: Preparing Financial Statements unit assessment.
Remember, when a business disposes of a capital asset, the asset has to be removed from the accounting records. Groves explains exactly how that is done in her latest article for PQ magazine.
Check out more on pages 34 and 35 of the March issue, out now at: https://issuu.com/pqpublishing/docs/pq_magazine_march_2026.
AAT’s product director, Rachel Staples also explains how the new L4PAT syllabus puts real world skills front and centre (on page 21).
PQ magazine aims to inspire, connect and entertain, so sign up for your free subscription to the monthly magazine at www.pqmagazine.com.
