Journal entry for sale of asset in profit /loss
Answer Posted / chakrapani
Customer a/c is debited
ACC.dep a/c is debited
asset clearing a/c debited
profit/loss a/c is debited
sale of asset is credited
asset clearing a/c is credited
profit/loss a/c is credtied.
| Is This Answer Correct ? | 4 Yes | 2 No |
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