if u sale an asset for Rs.1000, which shows the book value of
8600. what will be the journal entry???
Answer Posted / akram khan
Purchaser a/c dr 10000
To Asset a/c 8600
To profit a/c 1400
| Is This Answer Correct ? | 8 Yes | 27 No |
Post New Answer View All Answers
What is the dual aspect concept?
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
Define push down accounting?
Is it compulsary to give TOEFL for applying US visa.
What are control ledgers?
What would be the entry at the time of Generating Tution Fee Challan for Advance fees. (e.g In the Month of April, Fees of June and July in being asked to pay by school to their students?,
Plant and machinery destroyed for 50000
why only 6 months interest is charged on drawings
journal entries for money received from RBI by the banks IN CASE OF INSUFFICIENCY
what is the relationship between cost accounting financial accounting and managerial accounting?
Expand ctc cheque?
I'am accountant working in a trading concern. I wish to become an accountant in a manufacturing/construction company.are there any books available in the market from which I can get an Idea as to how accounts are prepared and maintained for a manufacturing/construction company.
What was the most difficult deal you had to close?
my brother is out of country i have lost his bank passbook when i was going to bank for the entries is their essential to take duplicate pass book can my brother is present for this.
What is the difference between cost accounting management accounting and financial accounting?