if u sale an asset for 10000, which has a book value of 8500.
what will be the journal entry???
- 4 Answers
- 12511 Views
- ACS, EXL, I also Faced
- E-Mail Answers
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
Explain under what type of account does the unearned revenues fall?
what is addition of Opening Balance and net profit transfered from profit and loss account called
What else ? This is the question asked to me every where every time while facing interview. I want to know is this a real question for accounting? If yes haw or if no How? I am really confuse.
can we credit depreciation of the year to the general reserves in a balance sheet of that year? and also enlist some relevant documents or standards?
what is the enty for contract bill raised?
Define fair value accounting?
Tell me how much statistics knowledge is necessary or required in accounting?
Do you know retail banking?
AL+w button lanunches the .............. installed web brower
What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance
What is capital adequacy ratio? What is demat account?
What is meant by calendar maintenance?
What is an ea in accounting?
what is bank aceleted?
hi i want to run vendor debit memo after he paid all amount i want to give discount through miro i am giving the price and quantity and run in through miro the system will pass another two more line iteams extra and shwoing dr/cr balance +/- when i will increase the amount this is also increasing what is the reason i dont know please send me immediately
