EASYOFFICE

Sold old furniture to mohan for 800

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 October 2013 what will be j.e..??
Profile Image

CA Pallav Singhania

Profile Image

CA Pallav Singhania (Expert)
13 October 2013 Mohan A/c Dr. 800
To Furniture A/c 800
{Being furniture sold on credit}

Cash/Bank A/c Dr. 800
To Mohan 800
{Being cash received against sale of furniture}
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
14 October 2013 If payment made on spot then
Cash/Bank A/c...dr 800
To Furniture A/c 800

This entry is passed on assumption that the WDV is also 800 and there is no profit or loss in this transaction.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links