how the loss on sale of furniture will be entered in
accounting books

Answer Posted / pratish.m

Debit cash/ bank A/c-------- xxxxx
Debit Depreciation A/c------xxxxx
Credit Furniture A/c------ xxxxx

Is This Answer Correct ?    5 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty

1437


How exchange rates are maintained in sap

1466


Short Answer on ________Accounts Payables

1508


How Many Types of Excise Duties?

1533


what is Journal Entries?

1651






You configured new assets accounting for your company code with three depreciation areas that post in real time. When posting an external acquisition. How many documents are created?( any 1 answer) 2 3 4 6

1576


IS ACCOUNTING MBA AND FINANCE MBA SAME OR DIFRENT

1480


who introduces the single entry format?

1555


whst is detailed information aboutaccounting standards 20to 29

1651


Expand-------SCAN

1621


Short Answer on __________Accrued interest

1410


What is T+2 rolli g settlement cycle?

1992


Can anyone mail journal entries for me? my Mail id rukmini@live.in

1432


Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not

5486


Total numbers of companies listed on stock Exchange?

2101