Depreciation

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 January 2012

Journal entry for depreciation at the time of asset sold. As per balance sheet purchase value of asset only mentioned and book depreciation not claimed each year.

30 January 2012
Cash Dr.
Loss on Sale (Either) Dr.
To Asset
To Profit on Sale of Asset (Either)

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 February 2012 Thank u very much sir. could u clarify about Transferring price VODAFONE Case. Any previous case took as model sir?




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