cash a/c 10000 To Sales 8500 P&l A/c 1500

if u sale an asset for 10000, which has a book value of 8500.
what will be the journal entry???

Question Posted / shotheesh choorapra

Answer Posted / shotheesh choorapra

cash a/c 10000
To Sales 8500
P&l A/c 1500

Is This Answer Correct ?

37 Yes

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