Entry of sale and purchase of fixed asset in tally
tomjerry (lecturer) (75 Points)
31 October 2014
how we treat sale and purchasedd fixed asset in tally
2 Replies
Tarun Sharma
(Accountant)
(89 Points)
Replied 01 November 2014
Fixed asset dr
Cenvat on capital goods dr
Cess on capital goods dr
Hec on capital goods dr
Input vat dr
To party account
Tarun Sharma
(Accountant)
(89 Points)
Replied 01 November 2014
And for sale
Bank dr /party dr
Loss account dr
TTo fixed asset a/c
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