how the loss on sale of furniture will be entered in
accounting books
Answer Posted / pratish.m
Debit cash/ bank A/c-------- xxxxx
Debit Depreciation A/c------xxxxx
Credit Furniture A/c------ xxxxx
| Is This Answer Correct ? | 5 Yes | 3 No |
Post New Answer View All Answers
Name some errors which can be detected by Trial Balance
What is the difference between Deffered Tax Assets & Deffered Tax Liabilities
What is Financial planning?
what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c
example of aptitude ns
What is Budgeted capital ?
What are the benefits ofparticipation in a depository?
what is composition vat
what is a reducing balance method and depreciation fund investment method and 2 diffrences?
Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?
EXPAND______________ICC
Aravinda Financiers sanctioned a loan of Rs 250000. A cheque was sent after adjusting processing charges Rs 247250 Pass necessary entry
What is share,Bond, sharecapital, Budgeting, BRS, CA, CL, WC, WACC, Depreciation, types of Depreciation, B/S, CF items and some transactions and Preference Share capital, Equity Share Capital , Debenture and practicle Questions to solve and tell there itself whether the co's good for investing etc..like opinion for problems to find out how good one is with basics.
Expand ----------GIDB
• What are the types of cash flows?