HIIIII ,
puchase a mob Rs.20000/- Depn @ 10% for 2 years. sale this mob on Rs. 15000/- what is the Entri pass and also preapre trail Balance and Balancesheet .
Thanks in Advance...............
5 Replies
Deepak T Shetty
(Chartered Accountant)
(121 Points)
Replied 31 December 2011
Cash/Bank A/c ....................Dr. 15000
Loss on sale of Mobile.......Dr 1000
To Mobile a/c 16000
[Being sale of mobile phone & loss on sale accounted]
SID76
(Student)
(71 Points)
Replied 31 December 2011
kkk.
bt depn ke entry ?????
Plz . prepare TB And B/S
Deepak T Shetty
(Chartered Accountant)
(121 Points)
Replied 31 December 2011
We cant claim when the asset is sold out @ the year end, If there is an asset only den v can claim depr'n. So as the asset is sold, v cant claim deprn in the current year !
Deepak T Shetty
(Chartered Accountant)
(121 Points)
Replied 31 December 2011
Thanks User button tho click kar yaar......
Recent Topics
- Nznxnc call me at the end of the day of the
- Cp chod doob zoom vo book book
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
Related Threads
CAclubindia
