EASYOFFICE
EASYOFFICE

Accounts entry on sale of fixed assets

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 August 2013 in our company we have sold our vehical, & after depriciation we have booked profit of Rs. 50000/-
what will be a correct accounts entry in Tally.
i have made
bank a/c dr.
depreciation dr.
to Vehical
to P/L

but auditor said P/L is not a correct word. pl. suggest.
Profile Image

CA UMESH DULAL

Profile Image

CA UMESH DULAL (Expert)
24 August 2013 bank a/c dr
To Fixed Assets
To Profit on sale of Assets

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


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links