Gain on Disposal of Equipment: debit or credit?
Gain on Disposal of Equipment increases on the credit side and decreases on the debit side: its normal balance is a credit.
Revenue increases equity through the business’s sales and other income. It increases with a credit.
Name in each convention
Account names and codes follow each convention; an account that does not exist in a convention is not offered there.
| Convention | Account |
|---|---|
| United States (US textbooks) | Gain on Disposal of Equipment |
| Spain (PGC 2007) | 771 Beneficios procedentes del inmovilizado material |
| France (PCG 2025) | — |
| Germany (generic accounts) | Erträge aus dem Abgang von Anlagevermögen |