Computer value 5000
Deprecation 3000
Book vale 2000
Sold for 2000
Pass entry?
Answer Posted / hemanshu
CASH / BANK A/C DR 2000
DEP. ACCOUNT DR 3000
COMPUTER A/C CR 5000
NO MORE ENTRY SHOLD BE PASSED APRT OF THIS ENTRY. IF DEP IS
ALREADY PROVISIONED MAKE DEP.ACC. A/C
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What does the abbreviation dr mean in accounting?
At the time of depreciation run we selected actual dep key is 5% but we taken 7% so the depreciation was posted wrongly how to rectify it?
Suppose you buy a one-year government bond that has a maturity value of Rs.1000. The market interest rate is 8 per cent. (a) How much will you pay for the bond? (b) If you purchase the bond for Rs.904.98, what interest rate will you earn from this investment?
What are the steps to take before you approve an invoice for payment?
WRITE ABOUT ANY 1 "WOMENS ARE BEST MANAGEMENT PERSON" "IF UR FINANCE MINISTER OF INDIA" "V R RESPONSIBLE FOR OUR ENVIRONMENT"
Differentiate between provision and reserve?
As you know any other accounting application?
Tell About ur self what will i say plz help me
How does Cheques work while processing it in SAP? What are the effects and the methods.
What are the columns of a journal?
What all are the documents need to check for a supplier payment?
Tell me what is public accounting?
director wife expenses which entry
What is corporate assesses?
i am normally accountant. i am not a CA. then i learn a account maintain