What are the Part Disposal Postings?

The following postings are generated:

• Credit the balance sheet asset account with the fraction of the asset's value that corresponds to the quantity being disposed. This transaction contains the asset code and an asset indicator of Initial.
• Debit the profit and loss account (specified in Asset Part Disposal) with the same fraction of the asset's value
• Debit the balance sheet accumulated depreciation account with the fraction of the accumulated depreciation that corresponds to the quantity being disposed. This transaction contains the asset code and an asset indicator of Depreciation.
• Credit the profit and loss account (specified in Asset Part Disposal) with the same fraction of accumulated depreciation.