we are selling a device for 6000 and the company want to
replace that device with a new device which is a bit more
than the prior price say 7000. how we can account this?
- 1 Answers
- 3415 Views
- Calsoft, I also Faced
- E-Mail Answers
Answer / ananth.r
First we need to write-off the old asset ( by reversing the
asset, accumulated depreciation and depreciation for the
current FY by Cr the Fixed asset Write-off and Dr
Proft/Loss on sale of asset under P&L account )
Next we can capitalised the new asset ( Dr. Asset Cr. Bank )
| Is This Answer Correct ? | 4 Yes | 0 No |
which form is used for central sales tax outside purchase and sales and vat
how to maintain the books of accounts in the organization
can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.
What is Accruals ? How it is treated in finacials
how many types of account
in tally how to enter cheque receipts and cheque payments
Tell me deferred taxation is a part of which equity?
How to transefer data from tally 9.0 to excel to do simuntennis
How many types of business transactions are there in accounting?
WHAT IS NPF IN ACCOUNTS. AN ENTRY IN BANK STATEMENT" NPF SOME NAME XXXX DR SIDE" PLEASE ANSWER WHAT IS NPF?
hi friends how many types of vouchers there i know cash voucher, debit voucher, credit voucher, journal vourcher, purchase voucher, sales vouchers, if any other voucher is there pls tell me friends
what will you achieve for the company if you are employed to work
2 Answers ABC, Al Hamra Fort Hotel, Anglo Platinum, Hotel Jobs, Marriott, Total,
Audit 
