Computer value 5000
Deprecation 3000
Book vale 2000
Sold for 2000
Pass entry?
Answer Posted / s.malleswara rao
Cash/Bank Ac/ Dr 2000
Profit/Loss on sale of Fixed Assets A/c Dr/Cr 0
Computer A/c Cr 2000
| Is This Answer Correct ? | 12 Yes | 7 No |
Post New Answer View All Answers
Is there Disqualification of Auditor u/s 139 of Companies Act 2013 if the auditor is indebted towards the company to be appointed as an auditor, if amount exceeds more than Rs.1000 as against the provision related to Companies Act, 1956 ?
List the type of transactions entered in journal proper.
What is the basic accounting equation?
What would be the entry at the time of Generating Tution Fee Challan for Advance fees. (e.g In the Month of April, Fees of June and July in being asked to pay by school to their students?,
When a merchant sales of goods included/charged on packaging charges ,cartages and insurance;i.E :-Indirect income/revenue income and indirect expense/revenue expenditure. Plz suggeste me correct answer.Through messages,mail .
what's the mean by Imprest system? Please give me Replay on this no. 9885789716
What is the difference between deferred revenue and accrued revenue?
List out some of the examples for liability accounts?
I am working in govt. sec. How to make journal entry in books for Fix Deposit
how to get a job in stock markets for MBA-FINANCE?
How does accounting contribute to the community?
what is profitability ratio and dividend policy ratio
Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.
Re: CST RATE IS 1 % IF C FORM IS RECEIVABLE. IF C FORM IS NOT RECEIVED FULL AMOUNT WHAT WILL BE THE RATE OF CST
Define the term material facts in accounting?