Journal entry for sale of asset in profit /loss
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Answer Posted / chinnareddy
Hi,
Sale of asset with customer T.code: F-92.
customer account Dr 300000
accumulated dep a/c Dr 2500
revenue on sale of asset a/c Dr 300000
To sales account 300000
To fixed asset( building) a/c 300000
To profit or loss on sale of asset 2500
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