Journal entry
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 January 2014
can anyone tell me the journal entry to be passed in the books of trust for writing off an asset which had no value. example in books its shown as 2500 and it is not at all usable now. how may i go with jornals? thanks in advance.
24 January 2014
Hi
You can Credit Asset A/c & debit it to Depreciation A/c
Thx
You can Credit Asset A/c & debit it to Depreciation A/c
Thx
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 January 2014
Sir can you pls explain the claiming of depreciation in trust accounts
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