The amount by which the proceeds from the sale of equipment (that had been used in the business) exceeded its carrying amount at the time it is sold.
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"It's hard to pick a starting place to extol the virtues, usefulness, and timeliness of Accounting Coach Pro. I can truthfully say I would pay a good deal more for a subscription having become familiar with its value. I have enjoyed reviewing basic concepts as well as more advanced topics in the easy formats and downloads. Accounting is a second career for me. I was in public accounting for about 9 years and have been a government finance director since 2001. In addition to personal benefit I have found Mr. Averkamp's work extremely useful in training subordinates and making recommendations to students. I applaud Accounting Coach Pro and its creator and give the highest recommendation to anyone looking for a constant tutorial companion or just a good refresher." - Dorrance R.
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