a company sold an equipment for $8600, but the actual book
value of the machine was $8000, pass journal entry
- 3 Answers
- 8365 Views
- Xerox, I also Faced
- E-Mail Answers
Answer Posted / rocky
cash dr 8600
to equipment 8000
to profit on sale of equipment 600
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?
what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?
what is pre post expenses
What is the content of purchase order? n content of voucher? what is the main use of voucher.
can payorder be issued for outstation?if yes then how?should it be account payee?
can any one tell me what kind of qns are asked in gail entrance test. i m apearing for the exam of accounts & finance. please let me know the ans on my id pragneshmall1@gmail.com
i want report country wise with invoice number for gl account
All Accounting Question Related Send Me ..
credit card entry in tally
what is corporate accounting?
what is cost audit?
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
What is the quality of the accountant & rights ? hansika.kk@gmail.com
what are all the formulas used in bank to calculate their economy
what are the customization u have done in sap mm
