- Go to Lists at the top menu.
- Select Chart of Accounts.
- Right-click the account that you want to delete.
- Select Delete Account, then OK.
QuickBooks Online: How do you delete (or deactivate) an account on the Chart of Accounts (COA)
Quickbooks Desktop Tutorial – How to Delete or Make Accounts Inactive
Delete the existing chart of accounts and replace it with a new one. To remove the accounts, go to Accounting > Chart of Accounts > Check the top box on the left to batch select all accounts > Choose “Batch actions” from the drop-down menu.
From the Lists menu, choose Chart of Accounts. Select the account you wish to remove. Go to the Edit menu and then Delete Account. OK should be selected.
Select the account you wish to delete by going to Settings > Chart of accounts. Select Make inactive from the Action dropdown after finding the account you wish to delete.
Select the account you wish to modify and click the drop-down menu next to Account History, then Edit to make your changes.
Locate the vanished transaction. (Tip: To quickly locate deleted transactions, use the browser’s search function and key in “deleted”). Select View from the History column drop-down menu. The Event column contains all of the information needed for this transaction.
With a journal entry, you will need to debit the accumulated depreciation and credit the asset that was sold; debit the cash account (I’m assuming you got cash), credit your gain on sale of asset, and finally credit your other income.