Selling Second Hand Car innova
karthikrao (B.com CS(inter) -ongoing) (170 Points)
01 September 2018karthikrao (B.com CS(inter) -ongoing) (170 Points)
01 September 2018
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 01 September 2018
Depreciation wont be calculated on that part of block of asset which is deleted
Entry will be bank account debit, PNL / capital account debit (in case of loss) to car account and capital / PNL account in case of profit.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)