a company sold an equipment for $8600, but the actual book
value of the machine was $8000, pass journal entry
Answer Posted / saloni
Cash a/c dr. 8600
To machinery a/c 8000
To profit on sale of machinery600
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
tell me about roll model as father
what are the different kinds of cash books
please explain the uses of internate protocol address(ip add)?
What is ABC Analysis in industrial function. hw can it s maintain ?
can you define exogenity endogenity both terms are from economics both are different from exogenous & endogenous variables. I can not find the answers. please help if you can....
explain about mergers & aquisitions? asked on 30/7/09
How will be prepare invoice in tally, please tell me step by step
wat is the fundamental analysys& technical analasys?and wat is the difference bewween fundamental analysys&technical analasys?
how to solved the shares qusionas ?
Provision of Bad Debts is made in compliance with the convention of -----------
What will be the consequences if the partnership is not registered
WHAT WILL BE THE ACCOUNTING ENTRIES IN THE BOOKS IN CASE OF A COMPANY HAVING ITS SHARE CAPITAL WHEN A NEW COMPANY (LTD OR (P) LTD) IS FORMED ?
When is the profession tax applicable? Is there a liability on the employer to pay PT? What is the amt of PT in case salary exceed Rs. 10,000/- pm
Expand---------PED
how to entry in tally for other person check received