Examples
Examples
Try the starting example
- Asset original cost ($)
- 1000
- Accumulated depreciation before disposal ($)
- 700
- Disposal proceeds ($)
- 400
- Direct selling costs ($)
- 50
- Carrying value before disposal ($)
- $300.00
- Net disposal proceeds ($)
- $350.00
- Book gain or signed loss ($)
- $50.00
- Arithmetic outcome
- Gain
Try another scenario
- Asset original cost ($)
- 1000
- Accumulated depreciation before disposal ($)
- 700
- Disposal proceeds ($)
- 200
- Direct selling costs ($)
- 50
- Carrying value before disposal ($)
- $300.00
- Net disposal proceeds ($)
- $150.00
- Book gain or signed loss ($)
- -$150.00
- Arithmetic outcome
- Loss
Calculation method
Calculation method
Carrying value before disposal ($)
Original cost−accumulated depreciation.
Net disposal proceeds ($)
Proceeds−selling costs.
Book gain or signed loss ($)
Net proceeds−carrying value.
Arithmetic outcome
Classify a positive, negative or zero book difference.
Symbols and units
- a
- Asset original cost ($)
- b
- Accumulated depreciation before disposal ($)
- c
- Disposal proceeds ($)
- d
- Direct selling costs ($)
Use the units shown. A list keeps the order in which you enter its values. The symbol ^ means “raised to the power of”.
Assumptions & limits
Assumptions & limits
- A book-value reconciliation, excluding tax, impairment reversals, asset revaluation and disposal recognition rules.
Are these inputs private?
These calculations run in your browser. A shared link contains the values you choose to share. Only questions submitted to the separate AI finder are sent to OpenAI.
Further reading
OpenStax: depreciation methods and supplied estimates ↗
Background reading; this does not imply endorsement or independent review of SumFizz.