Interested to Buy Any Domain ? << Click Here >> for more details...
if u sale an asset for 10000, which has a book value of 8500.
what will be the journal entry???
- 4 Answers
- 13773 Views
- ACS, EXL, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / shotheesh choorapra
cash a/c 10000
To Sales 8500
P&l A/c 1500
| Is This Answer Correct ? | 37 Yes | 9 No |
Answer / jalpeshmehta5
cash / bank A/c -dr 10000
To Assets A/c 8500
To Profit & Loss A/c 1500
(being sale of assets as profit of rs.1500)
| Is This Answer Correct ? | 28 Yes | 3 No |
Answer / sumana jana
cash value dr 10000
to asset 8500
p&l a/c 1500
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / arvind
SALE A/C DR 10000
TO SALE OF PROFIT CR 1500
TO MACHINERY A/C CR 8500
| Is This Answer Correct ? | 0 Yes | 3 No |
Explain the concept of responsibility accounting
Difference between Provisions and reserves
discuss depreciation and types of depreciation
what is factory account. Descibe in details
How To Entered The Entry in Tally If The Amount Came of Insurance Claim Recovery
List the type of transactions entered in journal proper.
when we can submit Form-C to the Sales Tax Dept. What is the period to issue Form-C to the supplier
How do you prepare mis reports?
who is the creditor and debtor
Do you know retail banking?
what is indian income & foreign income
what are doucement required under registration of properity firm. give the answer breif
Audit 
