Suppose One asset purchased in 2006year and calculated SLN
method depreciation @10%pa for value 100000. Now middle of
the present year the assets was transfered to B company.
How can we take the accounting for previous depreciation,
asset value (transfer value) to debit B company. What is
the asset status in BS.
Rent Paid Rs.12000/- (which is included for the whole year
i.e Jan to Dec) and they have asked me to give Journal
Entry for the
Entry for the Month of Jan, Feb and March