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


Answer Posted / s.malleswara rao

Cash/Bank Ac/ Dr 2000
Profit/Loss on sale of Fixed Assets A/c Dr/Cr 0
Computer A/c Cr 2000

Is This Answer Correct ?    12 Yes 7 No



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