Write of fixed assets
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 July 2014
my company want to write of sundry fixed assets.what will be the accounting entry in the books of accounts,
suppose 1,50,000.
assets value.
suppose 1,50,000.
assets value.
Guest
Guest
(Expert)
22 July 2014
depreciation dr
profit and loss dr
to fixed assets
profit and loss dr
to fixed assets
23 July 2014
Write off FA dr
To FA
with amount net block - residual value.
To FA
with amount net block - residual value.
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