WHETHER CAPITAL RESERVE CREATED OUT OF SALE OF FIXED ASSETS
OVER AND ABOVE THE COST BE TRANSFERED TO PROFIT AND LOSS
ACCOUNT
sold some office equipment of rs 1,300 (proceeds beingreceived as rs 700 by cheque and balance in cash) and paid the cheque into his private bank . what will be the journal entry please give answer when you sure about it thanks
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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?
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3 Answers Bank Of America, HSBC,
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Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?
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