When fixed assets are sold or disposed of otherwise, the gain or loss, measured by the difference between book value and the consideration received, is a current charge or credit.
Cal. Code Regs. Tit. 2, § 1101.7
When fixed assets are sold or disposed of otherwise, the gain or loss, measured by the difference between book value and the consideration received, is a current charge or credit.
Cal. Code Regs. Tit. 2, § 1101.7