How is depreciation accounted for if disposal of a plant asset occurs during the year?

recorded for the fraction of the year to the date of the disposal.

Explanation:

Depreciation is an expense indicating a decline in the value of the capital assets due to tear and wear, obsolescence, consumption, time span, etc. It's shown on the income statement debit side. It is a non-cash element which has no effect on the cash balance.

So if any disposal is taken place in the accounting period so it would be accounted as a fraction to the disposal date.