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This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
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Go to the Company menu. Journalize entries for sale of assets.It's important to have a record of the asset's original cost, its total accumulated depreciation and a record of how it left your asset list. Each transaction should be evaluated.
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Business Sale Asset With Loan Journal Entry In Fulton