if u sale an asset for 10000, which has a book value of 8500.
what will be the journal entry???
Answer Posted / arvind
SALE A/C DR 10000
TO SALE OF PROFIT CR 1500
TO MACHINERY A/C CR 8500
| Is This Answer Correct ? | 0 Yes | 3 No |
Post New Answer View All Answers
Why current assets Liability said & current Liability Assets said...?at tally ERP9
why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason
what is the relationship between bookkeeping and accounting?
Tell me what is accrual accounting?
we have received amount from others through debit/ credit cards. what is the ledger group of this? i am confused selecting the ledger group could you explain.
Revenue Expenditure
why we multiply no. of purchasing year with average profit
using examples, examine the relevance of the following as final accouting adjustments; 1.reserves 2.provisions 3.disposal of assets 4.control accounts
In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer
How to post advance paid to a supplier in oracle jd edwards
What is compound journal entry?
Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?
whether bills of exchnge can come under the category of reserves and surplus
what made you take up present subject/area of specialization and what would you define as your career objectives
hai! i am a BE(computer science) graduate with 54% of aggregate looking for bank clerk job? in interview they are asking why are you looking for a bank job and what guareente that once you are selected ? plz guide me?