Computer value 5000
Deprecation 3000
Book vale 2000
Sold for 2000
Pass entry?
Answer Posted / atul kumar pandey
1- Purchase A/c Dr. 5000
Depreciation A/c Dr. 3000
To computer 2000
2- Cash/Bank A/c Dr. 2000
Computer Sale 2000
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is meant by partitioning?
What is the disadvantage of double entry system?
what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software
How calculate holding company account?
if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.
A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME
Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.
what are the direct expense of loan department in banks.
record the following transaction in the various books of accounts F Black loan us $5000 paid by cheque.
What is a ledger?
What is the use of 2a, 2b & 2c form in CST ?
Can we Put "TAX INVOICE" in the sale in Transit (E1) Invoice.
What is Time capital
Tell us in balance sheet, where do you show tds?
Is buy or sale trade will impact on Nov? Yes/No Please explain.