a company sold an equipment for $8600, but the actual book
value of the machine was $8000, pass journal entry
- 3 Answers
- 8398 Views
- Xerox, I also Faced
- E-Mail Answers
Answer Posted / rocky
cash dr 8600
to equipment 8000
to profit on sale of equipment 600
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
Short Answer on -----Trade mark
What is back value adjustment/correction in Nostro Reconciliations?
Can anyone expain.. why the sensex is in points. And why the ratios is calculated. In what way its uesfull to the organisations
What do you define in customizing for the payment program? FBZP (Any 2 Answer) • Bank subaccount ( BANK DETRMINATION SCREEN. ACCOUNTS) • Forms of the payment media ( PAYING COMPANY CODE) • Available amount (BANK DETERMINATION, AMOUNTS) • Assignments for the profit center • Prerequisites for the debit balance check
intorduse your self ? what to say if iam fresher.
What are direct income and indirect income
Short Answer on _______Appropriation
what is your achievements?
what are the certificates needed at the time of SBI clerical interview?
how i got knowledge about custom and excise i want rate list of custome and excise how we summit return of custom and excise , Is it include with ser. tax
In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.
Expand CCIT?
respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...
why should the company give first perference to the perference shareholders?
what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?
