i working in paper manfacturing company.we have one old car for staff welfare.we want sold that now.that car will showing in the fixed assect in balance sheet.
query: 1.we want to sell means we want to dill it in our campany bill.
2.we want to bill it means how much % vat will collect from they.
3.or.old car sale means vat not applecable rules are ther.
4.we sold the car less than car value in fixed assect. how we make a journal entry.