Journal entry
This query is : Resolved
12 October 2011
what will be the journal entry for taking a item as fixed asset which has been recorded earlier as a good
12 October 2011
Dr: Fixed asset
Cr: Purchase (goods)
Cr: Purchase (goods)
12 October 2011
According to me ---
Fixed asset a/c Dr.
To Stock a/c
Fixed asset a/c Dr.
To Stock a/c
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