Easy Office
LCI Learning

How to record vehical loss entry

This query is : Resolved 
Profile Image

Profile Image

(Querist)
23 February 2016 Dear Sir,

we have sold vehicle - four wheeler @ Rs. 530000/-
opening balance of vehicle 700000/- in the fix assets so how to record the loss entry?
Profile Image

jagdish dhurve

Profile Image

jagdish dhurve (Querist)
23 February 2016 please give solution as early as possible.
Profile Image

Ganeshbabu K

Profile Image

Ganeshbabu K (Expert)
24 February 2016 Dr.Loss on sale of vehicle 170000
Dr.Depreciation
Dr.Sale of vehicle 530000
Cr.VEHICLE 700000
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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links