7c061045_egislation_Amendment_Bill_1999__Accrual_reporting
[Transaction or event] Asset sales [Cash reporting] The gross sale proceeds, not just the gain or loss on sale, would be shown [Accrual reporting] 
The asset sold would be replaced by cash and the difference between its recorded value and sale proceeds would be shown as a gain or loss
ParlInfo - Financial Management Legislation Amendment Bill 1999
Accrual reporting