Computer value 5000
Deprecation 3000
Book vale 2000
Sold for 2000
Pass entry?


Answer Posted / dharmendra samal

The question is correct but better to know the dates of
sale of computer.

according to the question : answer is
Dr Depreciation A/c Rs. 3000
Dr Cash/Bank A/c Rs. 2000
Cr Computer A/c Rs. 5000

Narration: Being depreciation charged on computer and sold
for Rs. 2000/-).

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are time sheets? How are they maintained?

616


plz can some one tel me "The concept of stock holder's equity and paid in capital".

2861


What is the difference between accrual

1644


Define fair value accounting?

626


what is miscellaneous expenditure??

4946






In accounting, are assets a permanent account?

652


What are accounting entities?

611


Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es

1365


Explain an example of a tough decision you had to make quickly?

611


What is batch input? why we use batch input session in SAP(FICO)?

4863


when we purchase of tractors and two wheeler vehicle from other state what we get taxes exemptions

1495


Give ONE reason for Balance Sheet to be out of balance

1587


What are the 4 phases accounting?

548


What is budget variance analysis?

5846


What is ppe in accounting?

616