Journal entry for sale of asset in profit /loss
Answer Posted / chinnareddy
Hi,
Sale of asset with customer T.code: F-92.
customer account Dr 300000
accumulated dep a/c Dr 2500
revenue on sale of asset a/c Dr 300000
To sales account 300000
To fixed asset( building) a/c 300000
To profit or loss on sale of asset 2500
Is This Answer Correct ? | 2 Yes | 7 No |
Post New Answer View All Answers
What is parallel and local currency in sap?
What is a document in sap? : fi- general ledger
List the reports in credit management? : fi- accounts receivable
Could any one explain Process Flow and Integration of HR with FI.
WHAT IS THE DIFFERENCE BETWEEN HOLD, PARKED, SAMPLE, RECURRING AND ACCRUAL/DEFFERAL? WHAT IS THE MEANING OF RECONCILIATION? WHAT PURPOSE WE DO THE RECONCILE? WHAT IS THE MEANING OF SPL GL? WHAT ARE THE CUT OVER ACTIVITIES? WHAT IS THE MEANING OF GAP ANALYSIS? PLZ EXPLAN?
When do you use special period?
What are the segments of gl master record? : fi- general ledger
How are exchange rates maintained in sap?
How do you configure the sapscript form financial statement version?
Difference between depreciation ,accumulated depreciation and apc?
How do you configure the automatic payment program?
In asset accounting what are the organizational assignments?
How do you prevent the system from calculating the cost estimate for raw and packing material when you run a standard cost estimate for the finished goods?
What is the importance of asset classes? What asset classes are there?
explain house bank flow without telling the configuration