Accounting treatment
This query is : Resolved
06 July 2016
WE PURCHASE A HORSE. AFTER A YEAR WE SOLD HIS SKIN THEN WHAT WILL BE THE ENTRY?
06 July 2016
Purchase entry
Live stock A/C Dr
Cash bank creditors
Abnormal loss ac Dr
Cash ac Dr
Live stock
Pl ac Dr
To abnormal loss
Hope this question is answered
Live stock A/C Dr
Cash bank creditors
Abnormal loss ac Dr
Cash ac Dr
Live stock
Pl ac Dr
To abnormal loss
Hope this question is answered
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