Section 02.08: Account Codes -- Other Revenues (08000-08799)
The following account codes are used to record educational and general revenue not covered by other account codes (e.g., bad-check charges, transcript fees).
 Other Revenues
08030 Gain on Disposal of Fixed Asset
Revenue generated when a fixed asset is sold or traded in and the sale/trade-in value is greater than the asset's Net Book Value (adjusted historical cost less accumulated depreciation). See also accounts 28721
- Loss on Disposal of Asset, for loss on disposal of non-capitalized assets or 42001
- Loss on Disposal of Fixed Asset, for loss on disposal of capitalized assets.