Is it compulsory to maintain the same for a company?
What is the journal entry on sale of an asset?
bank Dr
loss on sale of asset Dr
to FA
to Profit on sale of asset
either profit or loss needs to be booked in above entry
Giridhar S Karandikar
(Team Lead)
(7543 Points)
Replied 30 April 2019
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
