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


Answer Posted / hemanshu

CASH / BANK A/C DR 2000
DEP. ACCOUNT DR 3000
COMPUTER A/C CR 5000

NO MORE ENTRY SHOLD BE PASSED APRT OF THIS ENTRY. IF DEP IS
ALREADY PROVISIONED MAKE DEP.ACC. A/C

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