Purchase Solution

Equipment Disposal

Not what you're looking for?

Ask Custom Question

What are important considerations for an organization to dispose of old computer equipment? What methods would work best for the organization in which you are working or have worked?

Purchase this Solution
Solution Summary

List of considerations when disposing of old computer equipment are provided.

Solution Preview

Important Considerations:

Financial:
Has the equipment been fully depreciated?
How will the equipment be removed from the books?
What will it cost to dispose of the equipment?

Security:
Does any data remain accessible on the equipment? If so, does this data pose any security risk?
What method of data destruction ...

Purchase this Solution
Free BrainMass Quizzes
Basics of corporate finance

These questions will test you on your knowledge of finance.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.

View More Free Quizzes
Related BrainMass Solutions

  • Journal entry for equipment disposal

    The entry is Accumulated Depreciation Dr 100,000 Loss on Disposal Dr 25,000 Equipment Cr 125,000 Answer is c) The solution explains what journal entry is needed to record the disposal of equipment

  • Disposal of old computers

    Recycling companies should also provide written documentation of the proper disposal of computer equipment. 5. A written record of all disposed of computers should track the serial number, description, method of disposal, and date of disposal.

  • Disposal of delivery equipment of Perez Company

    119682 Disposal of Delivery Equipment of Perez Company (a) Perez Company retires its delivery equipment, which cost $41,000. Accumulated depreciation is also $41,000 on this delivery equipment. No salvage value is received.

  • Doulas County Replacement Costs

    Relevant costs are: Disposal of old equipment Cost of new equipment Operating costs for both machines for the three years Disposal of new equipment in three years Irrelevant costs are: Original costs of old machine Accumulated amortization

  • Plant Asset Depreciation and Disposal Entries

    Accumulated Depreciation 18,000 Loss on Disposal of Equipment 6,000 Equipment 24,000 Discarded old equipment Cash

  • Depreciation Method - disposals of production

    Please find attached solution for the first equipment. Please verify disposal dates for the last 2 equipment. The disposal dates are earlier than purchase dates.

  • Exchange Shares- Journal Entry

    Accounts are: Equipment Investment in Daily Co Common Stock Gain on Disposal of Investment Loss on Disposal of Investment DR Equipment $23,200 CR Investment in Daily Co Common stock $20,000 CR Gain on disposal of investments $ 3,200

  • Computer Information System

    Some municipalities have a disposal center where obsolete computer equipment can be disposed of.

  • Depreciation

    444774 Journalize Entries Equipt Disposal Sam Company. has delivery equipment that cost $55,000 and has been depreciated $30,000. Instructions Record journal entries for the disposal under the following assumptions.

  • Plant Assets - Acquisition, Disposal and Depreciation

    -Equipment 484,000 The accumulated depreciation is for 7 years + 4 months [($660,000 X 1/10) X 7 + $22,000)] Book value 176,000 Cash proceeds 200,000 Gain on disposal $24,000 June 1 Cash 1,800,000 Sale of Land Land 700,000 Gain on Disposal

View More Related Solutions